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Logan County, KY · Sold

KY-142071

5485 County Road 324

$9,500
$3,846/ac · 2.47 ac
Acreage2.47 ac
Price per acre$3,846/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedJun 17, 2024
Coordinates36.8973, -86.9687
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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

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

View Logan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11 ft away

Power at or near the road.

Buildable area2.10 of 2.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,522
$6,443$10,601 · $3,450/ac on 2.47 ac
Asking vs estimate
+11.5%
Priced above 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 $9,500
Maximum allowable offer
$4,870
$1,972/ac · +30.0% target margin

You need $4,630 off asking to hit this margin.

All-in cost$5,284
Net resale$7,841
Projected profit$2,557
ROI+48.4%
Annualized+69.2%
Break-even resale$2,325/ac
Profit if resale lands off target
-20%
$989
-10%
$1,773
0%
$2,557
+10%
$3,341
+20%
$4,125
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-712718
Gravel · Full utilities
3.9Jul 27, 2026$21,4005,4393,0822.6 mi
79
KY-232126
Gravel · Power at road
2.6Aug 6, 2024$9,9003,8552,84810.2 mi
72
KY-731515
Paved · Power at road
1.6Sep 18, 2024$13,6008,2165,0731.9 mi
71
KY-503584
Dirt · Power at road
7.4May 29, 2025$28,1003,8103,3123.7 mi
69
KY-671088
Landlocked · Off grid
1.2Jan 1, 2025$2,5002,0412,5326.5 mi
65
KY-843434
Paved · Power at road
6.6Jan 28, 2025$47,5007,1784,5782.9 mi
64
KY-173789
Dirt · Power at road
8.6Dec 9, 2025$25,9003,0232,5988.7 mi
63
KY-563423
Gravel · Off grid
6.6Sep 29, 2025$23,8003,6163,11510.5 mi
61
KY-940383
Gravel · Off grid
0.7Nov 17, 2024$3,4004,6613,9322.3 mi
60
Show adjustment detail for the top comp
  • Tract size (3.94 ac → 2.47 ac)+1.4%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.