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Logan County, KY · Sold

KY-173789

7949 County Road 281

$31,400
$3,668/ac · 8.56 ac
Acreage8.56 ac
Price per acre$3,668/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedDec 25, 2024
Coordinates36.8693, -86.8149
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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
18
Low risk
Wetlands19.8% 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

672 ft of deeded road frontage.

Power159 ft away

Power at or near the road.

Buildable area6.52 of 8.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,720
$32,010$45,431 · $4,523/ac on 8.56 ac
Asking vs estimate
-18.9%
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 $31,400
Maximum allowable offer
$22,126
$2,585/ac · +30.0% target margin

You need $9,274 off asking to hit this margin.

All-in cost$24,007
Net resale$35,622
Projected profit$11,616
ROI+48.4%
Annualized+69.2%
Break-even resale$3,048/ac
Profit if resale lands off target
-20%
$4,491
-10%
$8,053
0%
$11,616
+10%
$15,178
+20%
$18,740
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-503584
Dirt · Power at road
7.4May 29, 2025$28,1003,8103,9645.5 mi
79
KY-843434
Paved · Power at road
6.6Jan 28, 2025$47,5007,1785,4805.8 mi
77
KY-443906
Dirt · Full utilities
9.3Apr 21, 2025$57,7006,1945,3929.3 mi
75
KY-563423
Gravel · Off grid
6.6Sep 29, 2025$23,8003,6163,7293.7 mi
75
KY-712718
Gravel · Full utilities
3.9Jul 27, 2026$21,4005,4393,6896.5 mi
73
KY-354388
Gravel · Full utilities
13.2Jun 3, 2025$95,8007,2515,5688.8 mi
72
KY-454180
Gravel · Off grid
11.4Jun 24, 2025$51,2004,5094,8909.7 mi
69
KY-555436
Paved · Off grid
28.2Jul 27, 2026$140,5004,9794,8816.7 mi
69
KY-944710
Gravel · Full utilities
16.7Jun 5, 2025$84,7005,0773,9969.6 mi
64
KY-232126
Gravel · Power at road
2.6Aug 6, 2024$9,9003,8553,4094.9 mi
59
Show adjustment detail for the top comp
  • Tract size (7.38 ac → 8.56 ac)-1.0%
  • Market time (15 mo)+5.1%

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.