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Lewis County, KY · Sold

KY-836737

1481 County Road 227

$186,100
$2,569/ac · 72.43 ac
Acreage72.43 ac
Price per acre$2,569/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 28, 2025
Coordinates38.4836, -83.4303
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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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,333 ft of deeded road frontage.

Power13,256 ft away

A long utility run — price in solar/off-grid instead.

Buildable area58.90 of 72.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$197,688
$167,328$228,048 · $2,729/ac on 72.43 ac
Asking vs estimate
-5.9%
Priced below the comp set

Weighted from 8 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 $186,100
Maximum allowable offer
$112,965
$1,560/ac · +30.0% target margin

You need $73,135 off asking to hit this margin.

All-in cost$122,567
Net resale$181,873
Projected profit$59,306
ROI+48.4%
Annualized+69.2%
Break-even resale$1,839/ac
Profit if resale lands off target
-20%
$22,931
-10%
$41,119
0%
$59,306
+10%
$77,493
+20%
$95,680
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-537173
Dirt · Power at road
99.3Mar 2, 2026$261,7002,6352,4594.8 mi
84
KY-706800
Dirt · Full utilities
75.8Jun 11, 2024$256,8003,3872,6032.7 mi
77
KY-596774
Landlocked · Power at road
74.4Oct 13, 2024$162,3002,1822,5427.3 mi
73
KY-767039
Dirt · Off grid
90.1Oct 30, 2023$221,4002,4572,8895.4 mi
72
KY-565648
Dirt · Off grid
32.9Aug 25, 2024$73,1002,2212,0572.9 mi
68
KY-798423
Landlocked · Off grid
245.7Apr 18, 2026$419,8001,7093,0086.9 mi
67
KY-835897
Gravel · Full utilities
39.4Mar 9, 2024$245,0006,2163,6258.1 mi
65
KY-398363
Landlocked · Power at road
235.2Nov 27, 2024$417,8001,7762,7756.4 mi
62
Show adjustment detail for the top comp
  • Tract size (99.33 ac → 72.43 ac)+7.7%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.9%

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.