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Hopkins County, KY · Sold

KY-683753

1140 County Road 115

$37,800
$4,532/ac · 8.34 ac
Acreage8.34 ac
Price per acre$4,532/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 26, 2023
Coordinates37.3448, -87.4764
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

Hopkins County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Hopkins market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

425 ft of deeded road frontage.

Power222 ft away

Power at or near the road.

Buildable area7.36 of 8.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,246
$23,128$37,363 · $3,627/ac on 8.34 ac
Asking vs estimate
+25.0%
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 $37,800
Maximum allowable offer
$17,283
$2,072/ac · +30.0% target margin

You need $20,517 off asking to hit this margin.

All-in cost$18,752
Net resale$27,826
Projected profit$9,074
ROI+48.4%
Annualized+69.3%
Break-even resale$2,444/ac
Profit if resale lands off target
-20%
$3,509
-10%
$6,292
0%
$9,074
+10%
$11,857
+20%
$14,639
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-473944
Dirt · Power at road
9.6May 4, 2025$26,9002,8062,9885.6 mi
78
KY-263324
Paved · Power at road
6.1Apr 9, 2026$21,8003,5692,5906.4 mi
78
KY-413806
Paved · Power at road
8.7Jun 19, 2025$52,4006,0474,6346.6 mi
78
KY-925132
Dirt · Power at road
22.6Feb 24, 2026$101,1004,4655,0404.2 mi
77
KY-714980
Dirt · Power at road
20.3Jul 27, 2026$64,0003,1553,4495.8 mi
76
KY-512545
Dirt · Power at road
3.5Jul 25, 2026$17,5005,0264,8246.1 mi
76
KY-864041
Landlocked · Off grid
10.3Dec 21, 2025$23,4002,2763,5347.5 mi
75
KY-193232
Gravel · Full utilities
5.7Apr 1, 2026$22,8003,9822,7876.8 mi
75
KY-884702
Landlocked · Full utilities
16.6Jul 27, 2026$44,3002,6712,9538.1 mi
73
KY-644407
Gravel · Full utilities
13.4Dec 2, 2024$58,1004,3383,4098.3 mi
70
Show adjustment detail for the top comp
  • Tract size (9.58 ac → 8.34 ac)+1.0%
  • Market time (15 mo)+5.4%

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.