Logan County, KY · Sold

KY-557144

4816 County Road 193

$232,900

$2,395/ac · 97.26 ac

Offer report Market this tract

Acreage97.26 ac

Price per acre$2,395/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedJun 17, 2024

Coordinates36.9106, -86.8408

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope24.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,371 ft of deeded road frontage.

Power11,660 ft away

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

Buildable area58.18 of 97.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$224,032

$173,440 – $274,625 · $2,303/ac on 97.26 ac

Asking vs estimate

+4.0%

In line with 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 $232,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$128,018

$1,316/ac · +30.0% target margin

You need $104,882 off asking to hit this margin.

All-in cost$138,900

Net resale$206,110

Projected profit$67,210

ROI+48.4%

Annualized+69.3%

Break-even resale$1,552/ac

Profit if resale lands off target

-20%

$25,988

-10%

$46,599

$67,210

+10%

$87,821

+20%

$108,432

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-828231 Dirt · Full utilities	213.8	Jul 27, 2026	$481,700	2,253	1,937	3.0 mi	77
KY-786466 Gravel · Off grid	59.5	Jul 27, 2026	$151,800	2,551	1,965	9.8 mi	77
KY-106050 Gravel · Off grid	44.0	Dec 2, 2025	$157,200	3,571	2,658	3.1 mi	75
KY-957112 Landlocked · Power at road	95.0	Dec 4, 2024	$273,800	2,881	3,299	7.6 mi	73
KY-665723 Dirt · Off grid	34.7	Dec 31, 2025	$78,200	2,251	1,861	2.5 mi	72
KY-228735 Paved · Full utilities	308.0	Jul 27, 2026	$772,900	2,510	1,746	9.2 mi	71
KY-156049 Dirt · Off grid	44.0	Jun 28, 2024	$103,800	2,360	2,162	0.9 mi	69
KY-555436 Paved · Off grid	28.2	Jul 27, 2026	$140,500	4,979	2,831	7.8 mi	69

Show adjustment detail for the top comp

Tract size (213.77 ac → 97.26 ac)+23.1%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV