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Henderson County, KY · Sold

KY-906629

5824 County Road 54

$352,200
$5,258/ac · 66.98 ac
Acreage66.98 ac
Price per acre$5,258/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMay 26, 2024
Coordinates37.7405, -87.5950
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
24
Low risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7 ft away

Power at or near the road.

Buildable area53.39 of 66.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$292,514
$231,622$353,407 · $4,367/ac on 66.98 ac
Asking vs estimate
+20.4%
Priced above the comp set

Weighted from 6 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 $352,200
Maximum allowable offer
$167,151
$2,496/ac · +30.0% target margin

You need $185,049 off asking to hit this margin.

All-in cost$181,359
Net resale$269,113
Projected profit$87,754
ROI+48.4%
Annualized+69.2%
Break-even resale$2,943/ac
Profit if resale lands off target
-20%
$33,932
-10%
$60,843
0%
$87,754
+10%
$114,666
+20%
$141,577
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-947228
Dirt · Power at road
103.4Jul 27, 2026$481,3004,6565,1674.0 mi
84
KY-937073
Paved · Power at road
92.4Jul 27, 2026$508,7005,5064,3328.8 mi
80
KY-587020
Paved · Power at road
88.9Jan 24, 2026$433,3004,8733,8805.3 mi
78
KY-356911
Paved · Power at road
82.2Mar 7, 2025$584,0007,1085,7568.4 mi
72
KY-735009
Gravel · Off grid
20.7Jul 27, 2026$73,4003,5462,9228.3 mi
67
KY-264948
Gravel · Off grid
19.8May 28, 2025$89,9004,5343,8962.9 mi
62
Show adjustment detail for the top comp
  • Tract size (103.37 ac → 66.98 ac)+10.7%

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.