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Logan County, KY · Sold

KY-712718

1238 County Road 233

$23,600
$5,990/ac · 3.94 ac
Acreage3.94 ac
Price per acre$5,990/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedAug 30, 2025
Coordinates36.9053, -86.9233
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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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope11.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

488 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.49 of 3.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,007
$21,359$32,655 · $6,854/ac on 3.94 ac
Asking vs estimate
-12.6%
Priced below 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 $23,600
Maximum allowable offer
$15,432
$3,917/ac · +30.0% target margin

You need $8,168 off asking to hit this margin.

All-in cost$16,744
Net resale$24,846
Projected profit$8,102
ROI+48.4%
Annualized+69.3%
Break-even resale$4,619/ac
Profit if resale lands off target
-20%
$3,133
-10%
$5,618
0%
$8,102
+10%
$10,587
+20%
$13,072
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-563423
Gravel · Off grid
6.6Sep 29, 2025$23,8003,6165,5118.0 mi
76
KY-142071
Landlocked · Power at road
2.5Mar 22, 2025$9,7003,9277,3552.6 mi
70
KY-843434
Paved · Power at road
6.6Jan 28, 2025$47,5007,1788,0981.2 mi
69
KY-503584
Dirt · Power at road
7.4May 29, 2025$28,1003,8105,8582.7 mi
68
KY-173789
Dirt · Power at road
8.6Dec 9, 2025$25,9003,0234,5956.5 mi
67
KY-443906
Dirt · Full utilities
9.3Apr 21, 2025$57,7006,1947,9682.8 mi
67
KY-232126
Gravel · Power at road
2.6Aug 6, 2024$9,9003,8555,0378.9 mi
67
KY-454180
Gravel · Off grid
11.4Jun 24, 2025$51,2004,5097,2263.6 mi
66
KY-731515
Paved · Power at road
1.6Sep 18, 2024$13,6008,2168,9721.2 mi
64
KY-354388
Gravel · Full utilities
13.2Jun 3, 2025$95,8007,2518,2288.8 mi
63
Show adjustment detail for the top comp
  • Tract size (6.57 ac → 3.94 ac)+2.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.7%

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.