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Hopkins County, KY · Sold

KY-406715

259 County Road 261

$170,400
$2,391/ac · 71.28 ac
Acreage71.28 ac
Price per acre$2,391/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedJul 11, 2024
Coordinates37.3811, -87.5841
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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

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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,053 ft of deeded road frontage.

Power210 ft away

Power at or near the road.

Buildable area55.66 of 71.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$268,376
$219,908$316,845 · $3,765/ac on 71.28 ac
Asking vs estimate
-36.5%
Priced below 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 $170,400
Maximum allowable offer
$153,358
$2,151/ac · +30.0% target margin

You need $17,042 off asking to hit this margin.

All-in cost$166,393
Net resale$246,906
Projected profit$80,513
ROI+48.4%
Annualized+69.2%
Break-even resale$2,537/ac
Profit if resale lands off target
-20%
$31,131
-10%
$55,822
0%
$80,513
+10%
$105,203
+20%
$129,894
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-116940
Gravel · Power at road
83.9Jul 27, 2026$274,6003,2724,0183.4 mi
86
KY-268039
Gravel · Off grid
186.0Oct 10, 2025$395,0002,1243,8912.4 mi
71
KY-925132
Dirt · Power at road
22.6Feb 24, 2026$101,1004,4655,0685.3 mi
67
KY-407937
Paved · Full utilities
172.8Oct 20, 2025$566,0003,2763,4698.2 mi
66
KY-958045
Dirt · Off grid
186.8Jan 9, 2026$322,2001,7253,6415.3 mi
66
KY-495654
Gravel · Off grid
33.0Jan 29, 2025$66,7002,0182,5639.7 mi
60
KY-615359
Dirt · Power at road
26.7Sep 27, 2024$75,1002,8143,4619.8 mi
59
Show adjustment detail for the top comp
  • Tract size (83.9 ac → 71.28 ac)+3.8%
  • Access (Gravel → Paved)+18.0%

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.