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Hopkins County, KY · Sold

KY-981283

2583 County Road 388

$7,300
$5,252/ac · 1.39 ac
Acreage1.39 ac
Price per acre$5,252/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMar 22, 2024
Coordinates37.2899, -87.6175
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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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

148 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.17 of 1.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,724
$7,080$10,368 · $6,276/ac on 1.39 ac
Asking vs estimate
-16.3%
Priced below the comp set

Weighted from 9 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 $7,300
Maximum allowable offer
$4,985
$3,586/ac · +30.0% target margin

You need $2,315 off asking to hit this margin.

All-in cost$5,409
Net resale$8,026
Projected profit$2,617
ROI+48.4%
Annualized+69.3%
Break-even resale$4,230/ac
Profit if resale lands off target
-20%
$1,012
-10%
$1,815
0%
$2,617
+10%
$3,420
+20%
$4,222
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-360884
Gravel · Power at road
1.0May 26, 2026$4,5004,3625,3524.1 mi
87
KY-550811
Landlocked · Power at road
1.0Jul 27, 2026$3,4003,4796,2304.0 mi
81
KY-721437
Landlocked · Power at road
1.6Nov 21, 2024$4,3002,7275,2590.2 mi
76
KY-480901
Gravel · Off grid
1.1Sep 30, 2025$4,1003,8375,6907.9 mi
75
KY-871675
Dirt · Power at road
1.9Dec 25, 2025$10,2005,5358,1018.3 mi
73
KY-660852
Dirt · Power at road
1.0Dec 21, 2024$4,5004,4246,6863.0 mi
71
KY-512545
Dirt · Power at road
3.5Jul 25, 2026$17,5005,0267,2968.5 mi
70
KY-792286
Gravel · Off grid
2.9Jul 2, 2024$7,9002,7354,3391.0 mi
68
KY-122442
Paved · Full utilities
3.2Jun 29, 2025$28,2008,7387,89910.1 mi
63
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+0.9%

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.