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Henderson County, KY · Sold

KY-823765

6890 County Road 311

$78,400
$9,322/ac · 8.41 ac
Acreage8.41 ac
Price per acre$9,322/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedOct 17, 2024
Coordinates37.8491, -87.5843
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

496 ft of deeded road frontage.

Power93 ft away

Power at or near the road.

Buildable area7.71 of 8.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,376
$42,710$72,042 · $6,822/ac on 8.41 ac
Asking vs estimate
+36.6%
Priced above the comp set

Weighted from 7 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 $78,400
Maximum allowable offer
$32,786
$3,898/ac · +30.0% target margin

You need $45,614 off asking to hit this margin.

All-in cost$35,573
Net resale$52,786
Projected profit$17,213
ROI+48.4%
Annualized+69.3%
Break-even resale$4,598/ac
Profit if resale lands off target
-20%
$6,656
-10%
$11,935
0%
$17,213
+10%
$22,492
+20%
$27,770
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-735009
Gravel · Off grid
20.7Jul 27, 2026$73,4003,5464,5696.2 mi
74
KY-342041
Gravel · Off grid
2.4Jul 27, 2026$21,5008,9309,9738.1 mi
74
KY-624792
Landlocked · Off grid
17.7Jul 31, 2025$56,1003,1686,1311.0 mi
73
KY-192537
Dirt · Full utilities
3.5Sep 14, 2025$25,5007,3606,9711.7 mi
72
KY-264948
Gravel · Off grid
19.8May 28, 2025$89,9004,5346,0948.0 mi
65
KY-173083
Dirt · Off grid
5.1May 22, 2024$29,8005,8038,4397.6 mi
63
KY-182043
Dirt · Off grid
2.4Sep 29, 2024$9,4003,8825,4284.2 mi
58
Show adjustment detail for the top comp
  • Tract size (20.71 ac → 8.41 ac)+9.3%
  • Utilities (Off grid → Power at road)+17.6%

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.