Henderson County, KY · Sold

KY-699560

2601 County Road 237

$1,402,900

$2,506/ac · 560 ac

Offer report Market this tract

Acreage560 ac

Price per acre$2,506/ac

ZoningUnzoned

Road accessGravel

UtilitiesFull utilities

TopographyMixed

ListedNov 20, 2023

Coordinates37.7278, -87.6619

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,124 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area502.06 of 559.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,823,847

$1,556,121 – $2,091,574 · $3,258/ac on 560 ac

Asking vs estimate

-23.1%

Priced below the comp set

Weighted from 10 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 $1,402,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,042,198

$1,862/ac · +30.0% target margin

You need $360,702 off asking to hit this margin.

All-in cost$1,130,785

Net resale$1,677,940

Projected profit$547,155

ROI+48.4%

Annualized+69.2%

Break-even resale$2,195/ac

Profit if resale lands off target

-20%

$211,567

-10%

$379,361

$547,155

+10%

$714,949

+20%

$882,743

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-709130 Gravel · Power at road	410.0	Jul 27, 2026	$1,083,700	2,643	2,942	6.2 mi	87
KY-999404 Gravel · Off grid	500.0	Jul 27, 2026	$1,182,500	2,365	3,287	5.3 mi	86
KY-569521 Gravel · Off grid	544.2	Feb 25, 2026	$1,046,600	1,923	2,791	7.2 mi	83
KY-259966 Dirt · Power at road	751.3	Mar 18, 2026	$1,253,300	1,668	2,634	3.8 mi	78
KY-339023 Landlocked · Full utilities	379.4	May 22, 2025	$929,400	2,450	3,371	2.9 mi	73
KY-688548 Paved · Off grid	268.9	Jul 27, 2026	$1,069,300	3,976	3,899	8.1 mi	72
KY-888939 Dirt · Power at road	357.0	Feb 13, 2026	$756,400	2,119	2,682	10.8 mi	70
KY-769743 Dirt · Power at road	639.2	Mar 3, 2024	$1,556,700	2,435	3,968	6.6 mi	70
KY-708642 Landlocked · Off grid	287.9	Oct 16, 2025	$618,400	2,148	3,850	11.3 mi	65
KY-538499 Landlocked · Off grid	259.6	Aug 27, 2024	$488,300	1,881	3,424	4.8 mi	62

Show adjustment detail for the top comp

Tract size (409.99 ac → 559.84 ac)-9.0%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV