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Laurel County, KY · Sold

KY-896616

5537 County Road 40

$206,200
$3,108/ac · 66.35 ac
Acreage66.35 ac
Price per acre$3,108/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedDec 1, 2024
Coordinates37.0611, -84.0853
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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

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

View Laurel market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
18
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,983 ft of deeded road frontage.

Power4,226 ft away

Service extension needed; get a utility quote.

Buildable area53.58 of 66.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$203,427
$176,717$230,136 · $3,066/ac on 66.35 ac
Asking vs estimate
+1.4%
In line with 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 $206,200
Maximum allowable offer
$116,244
$1,752/ac · +30.0% target margin

You need $89,956 off asking to hit this margin.

All-in cost$126,125
Net resale$187,153
Projected profit$61,028
ROI+48.4%
Annualized+69.2%
Break-even resale$2,066/ac
Profit if resale lands off target
-20%
$23,597
-10%
$42,313
0%
$61,028
+10%
$79,743
+20%
$98,458
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-286869
Dirt · Power at road
79.7Jul 27, 2026$279,7003,5093,1167.1 mi
84
KY-977632
Dirt · Off grid
138.5Jul 27, 2026$316,9002,2882,7428.8 mi
77
KY-735106
Dirt · Off grid
22.2Jan 12, 2026$100,1004,5043,7940.9 mi
73
KY-807284
Dirt · Power at road
107.7Aug 11, 2025$370,9003,4453,4229.5 mi
70
KY-595653
Dirt · Full utilities
33.0Jul 2, 2025$138,5004,1942,6714.9 mi
69
KY-907971
Gravel · Off grid
177.1Jan 24, 2025$393,9002,2252,6046.7 mi
66
KY-478128
Landlocked · Power at road
198.4Nov 10, 2024$401,1002,0223,0775.4 mi
59
Show adjustment detail for the top comp
  • Tract size (79.7 ac → 66.35 ac)+4.2%
  • Utilities (Power at road → Off grid)-15.0%

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.