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Henderson County, KY · Sold

KY-182043

7507 County Road 159

$9,500
$3,926/ac · 2.42 ac
Acreage2.42 ac
Price per acre$3,926/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 26, 2024
Coordinates37.8049, -87.6384
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Henderson County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Henderson market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands20.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

178 ft of deeded road frontage.

Power7,054 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.83 of 2.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,199
$11,274$17,124 · $5,867/ac on 2.42 ac
Asking vs estimate
-33.1%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $9,500
Maximum allowable offer
$8,114
$3,353/ac · +30.0% target margin

You need $1,386 off asking to hit this margin.

All-in cost$8,804
Net resale$13,063
Projected profit$4,259
ROI+48.4%
Annualized+69.2%
Break-even resale$3,954/ac
Profit if resale lands off target
-20%
$1,647
-10%
$2,953
0%
$4,259
+10%
$5,566
+20%
$6,872
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-342041
Gravel · Off grid
2.4Jul 27, 2026$21,5008,9307,6966.4 mi
88
KY-430606
Dirt · Power at road
0.8Jul 27, 2026$3,9004,6363,8876.2 mi
77
KY-192537
Dirt · Full utilities
3.5Sep 14, 2025$25,5007,3605,3804.8 mi
75
KY-450887
Dirt · Off grid
1.1Dec 13, 2024$5,7005,4555,7584.0 mi
72
KY-441211
Dirt · Off grid
1.3May 6, 2024$7,6005,7736,2567.2 mi
71
KY-250835
Gravel · Off grid
1.0Oct 7, 2025$5,2005,1194,4966.0 mi
67
KY-173083
Dirt · Off grid
5.1May 22, 2024$29,8005,8036,5127.0 mi
65
KY-823765
Gravel · Power at road
8.4Jan 2, 2025$70,2008,3436,8774.2 mi
59
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.