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Hopkins County, KY · Sold

KY-193232

4601 County Road 121

$24,100
$4,213/ac · 5.72 ac
Acreage5.72 ac
Price per acre$4,213/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedNov 22, 2025
Coordinates37.3629, -87.5985
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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
44
Moderate risk
Wetlands46.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

564 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.90 of 5.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,450
$23,273$37,627 · $5,323/ac on 5.72 ac
Asking vs estimate
-20.9%
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 $24,100
Maximum allowable offer
$17,400
$3,042/ac · +30.0% target margin

You need $6,700 off asking to hit this margin.

All-in cost$18,879
Net resale$28,014
Projected profit$9,135
ROI+48.4%
Annualized+69.2%
Break-even resale$3,588/ac
Profit if resale lands off target
-20%
$3,532
-10%
$6,334
0%
$9,135
+10%
$11,936
+20%
$14,738
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-263324
Paved · Power at road
6.1Apr 9, 2026$21,8003,5693,7582.1 mi
84
KY-884702
Landlocked · Full utilities
16.6Jul 27, 2026$44,3002,6714,2852.5 mi
78
KY-512545
Dirt · Power at road
3.5Jul 25, 2026$17,5005,0267,00110.3 mi
74
KY-413806
Paved · Power at road
8.7Jun 19, 2025$52,4006,0476,7256.8 mi
73
KY-864041
Landlocked · Off grid
10.3Dec 21, 2025$23,4002,2765,1292.8 mi
72
KY-473944
Dirt · Power at road
9.6May 4, 2025$26,9002,8064,3361.6 mi
70
KY-443240
Dirt · Power at road
5.8Dec 26, 2023$21,0003,6615,7718.7 mi
70
KY-792286
Gravel · Off grid
2.9Jul 2, 2024$7,9002,7354,1636.1 mi
69
KY-644407
Gravel · Full utilities
13.4Dec 2, 2024$58,1004,3384,9462.8 mi
68
KY-683753
Dirt · Power at road
8.3Aug 13, 2024$39,7004,7647,4956.8 mi
66
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.5%

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.