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Henderson County, KY · Sold

KY-339023

5407 County Road 276

$1,021,300
$2,692/ac · 379 ac
Acreage379 ac
Price per acre$2,692/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedMar 23, 2024
Coordinates37.7690, -87.6481
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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

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area293.76 of 379.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$935,354
$793,401$1,077,307 · $2,465/ac on 379 ac
Asking vs estimate
+9.2%
Priced above 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 $1,021,300
Maximum allowable offer
$534,488
$1,409/ac · +30.0% target margin

You need $486,812 off asking to hit this margin.

All-in cost$579,919
Net resale$860,526
Projected profit$280,606
ROI+48.4%
Annualized+69.2%
Break-even resale$1,661/ac
Profit if resale lands off target
-20%
$108,501
-10%
$194,553
0%
$280,606
+10%
$366,659
+20%
$452,711
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-709130
Gravel · Power at road
410.0Jul 27, 2026$1,083,7002,6432,2493.5 mi
86
KY-888939
Dirt · Power at road
357.0Feb 13, 2026$756,4002,1192,0508.8 mi
83
KY-999404
Gravel · Off grid
500.0Jul 27, 2026$1,182,5002,3652,5134.5 mi
81
KY-688548
Paved · Off grid
268.9Jul 27, 2026$1,069,3003,9762,9805.7 mi
79
KY-569521
Gravel · Off grid
544.2Feb 25, 2026$1,046,6001,9232,1334.4 mi
76
KY-708642
Landlocked · Off grid
287.9Oct 16, 2025$618,4002,1482,9428.7 mi
75
KY-259966
Dirt · Power at road
751.3Mar 18, 2026$1,253,3001,6682,0130.9 mi
75
KY-538499
Landlocked · Off grid
259.6Aug 27, 2024$488,3001,8812,6172.2 mi
72
KY-699560
Gravel · Full utilities
559.8Dec 26, 2023$1,473,0002,6312,2342.9 mi
69
KY-769743
Dirt · Power at road
639.2Mar 3, 2024$1,556,7002,4353,0334.1 mi
64
Show adjustment detail for the top comp
  • Tract size (409.99 ac → 379.41 ac)+2.3%
  • Access (Gravel → Landlocked)-32.0%
  • 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.