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Henderson County, KY · Sold

KY-356911

9029 County Road 285

$575,400
$7,003/ac · 82.16 ac
Acreage82.16 ac
Price per acre$7,003/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMar 4, 2024
Coordinates37.8628, -87.5923
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
4
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

815 ft of deeded road frontage.

Power1 ft away

Power at or near the road.

Buildable area74.46 of 82.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$508,857
$437,319$580,394 · $6,193/ac on 82.16 ac
Asking vs estimate
+13.1%
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 $575,400
Maximum allowable offer
$290,775
$3,539/ac · +30.0% target margin

You need $284,625 off asking to hit this margin.

All-in cost$315,491
Net resale$468,148
Projected profit$152,657
ROI+48.4%
Annualized+69.3%
Break-even resale$4,174/ac
Profit if resale lands off target
-20%
$59,028
-10%
$105,843
0%
$152,657
+10%
$199,472
+20%
$246,287
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-937073
Paved · Power at road
92.4Jul 27, 2026$508,7005,5065,6745.5 mi
88
KY-587020
Paved · Power at road
88.9Jan 24, 2026$433,3004,8735,0813.3 mi
86
KY-947228
Dirt · Power at road
103.4Jul 27, 2026$481,3004,6566,76710.4 mi
80
KY-688548
Paved · Off grid
268.9Jul 27, 2026$1,069,3003,9766,4154.0 mi
77
KY-906629
Dirt · Power at road
67.0Feb 18, 2025$372,3005,5587,7358.4 mi
72
KY-538499
Landlocked · Off grid
259.6Aug 27, 2024$488,3001,8815,6335.4 mi
57
Show adjustment detail for the top comp
  • Tract size (92.39 ac → 82.16 ac)+2.8%

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.