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Henderson County, KY · Sold

KY-259966

6476 County Road 149

$1,427,500
$1,900/ac · 751 ac
Acreage751 ac
Price per acre$1,900/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 11, 2025
Coordinates37.7802, -87.6391
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
32
Moderate risk
Wetlands21.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power165 ft away

Power at or near the road.

Buildable area560.26 of 751.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,600,501
$1,379,617$1,821,385 · $2,130/ac on 751 ac
Asking vs estimate
-10.8%
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 $1,427,500
Maximum allowable offer
$914,572
$1,217/ac · +30.0% target margin

You need $512,928 off asking to hit this margin.

All-in cost$992,311
Net resale$1,472,461
Projected profit$480,150
ROI+48.4%
Annualized+69.2%
Break-even resale$1,436/ac
Profit if resale lands off target
-20%
$185,658
-10%
$332,904
0%
$480,150
+10%
$627,396
+20%
$774,642
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-569521
Gravel · Off grid
544.2Feb 25, 2026$1,046,6001,9231,7983.4 mi
82
KY-769743
Dirt · Power at road
639.2Mar 3, 2024$1,556,7002,4352,5573.3 mi
80
KY-999404
Gravel · Off grid
500.0Jul 27, 2026$1,182,5002,3652,1184.4 mi
79
KY-709130
Gravel · Power at road
410.0Jul 27, 2026$1,083,7002,6431,8963.0 mi
79
KY-688548
Paved · Off grid
268.9Jul 27, 2026$1,069,3003,9762,5124.9 mi
75
KY-888939
Dirt · Power at road
357.0Feb 13, 2026$756,4002,1191,7288.1 mi
73
KY-339023
Landlocked · Full utilities
379.4May 22, 2025$929,4002,4502,1720.9 mi
69
KY-699560
Gravel · Full utilities
559.8Dec 26, 2023$1,473,0002,6311,8833.8 mi
68
KY-708642
Landlocked · Off grid
287.9Oct 16, 2025$618,4002,1482,4807.8 mi
64
KY-538499
Landlocked · Off grid
259.6Aug 27, 2024$488,3001,8812,2061.4 mi
61
Show adjustment detail for the top comp
  • Tract size (544.24 ac → 751.27 ac)-9.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.0%

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.