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Lewis County, KY · Sold

KY-398363

4950 County Road 331

$495,000
$2,104/ac · 235 ac
Acreage235 ac
Price per acre$2,104/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMay 22, 2024
Coordinates38.4549, -83.3188
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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

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

View Lewis market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
30
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power114 ft away

Power at or near the road.

Buildable area221.67 of 235.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$437,774
$401,101$474,446 · $1,861/ac on 235 ac
Asking vs estimate
+13.1%
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 $495,000
Maximum allowable offer
$250,156
$1,063/ac · +30.0% target margin

You need $244,844 off asking to hit this margin.

All-in cost$271,419
Net resale$402,752
Projected profit$131,333
ROI+48.4%
Annualized+69.3%
Break-even resale$1,254/ac
Profit if resale lands off target
-20%
$50,782
-10%
$91,057
0%
$131,333
+10%
$171,608
+20%
$211,883
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-798423
Landlocked · Off grid
245.7Apr 18, 2026$419,8001,7092,0646.8 mi
84
KY-649358
Gravel · Full utilities
483.6Jul 27, 2026$1,262,0002,6101,8012.7 mi
80
KY-538844
Gravel · Power at road
333.3Nov 30, 2025$830,4002,4921,9293.7 mi
77
KY-329632
Landlocked · Full utilities
589.8Apr 21, 2026$1,056,8001,7921,9534.7 mi
77
KY-537173
Dirt · Power at road
99.3Mar 2, 2026$261,7002,6351,6874.3 mi
76
KY-899572
Dirt · Full utilities
564.7Jul 27, 2026$1,128,6001,9981,6817.1 mi
76
KY-688947
Dirt · Power at road
359.1Nov 14, 2025$813,9002,2672,09011.2 mi
71
KY-836737
Dirt · Off grid
72.4Oct 6, 2025$168,8002,3301,6576.4 mi
67
KY-596774
Landlocked · Power at road
74.4Oct 13, 2024$162,3002,1821,7442.4 mi
64
KY-767039
Dirt · Off grid
90.1Oct 30, 2023$221,4002,4571,9822.3 mi
59
Show adjustment detail for the top comp
  • Tract size (245.67 ac → 235.22 ac)+1.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.4%

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.