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Logan County, KY · Sold

KY-443906

8496 County Road 378

$53,700
$5,762/ac · 9.32 ac
Acreage9.32 ac
Price per acre$5,762/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedOct 21, 2024
Coordinates36.9199, -86.9703
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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
14
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

637 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area7.60 of 9.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,093
$39,923$58,263 · $5,267/ac on 9.32 ac
Asking vs estimate
+9.4%
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 $53,700
Maximum allowable offer
$28,053
$3,010/ac · +30.0% target margin

You need $25,647 off asking to hit this margin.

All-in cost$30,438
Net resale$45,166
Projected profit$14,728
ROI+48.4%
Annualized+69.3%
Break-even resale$3,550/ac
Profit if resale lands off target
-20%
$5,695
-10%
$10,212
0%
$14,728
+10%
$19,245
+20%
$23,761
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-454180
Gravel · Off grid
11.4Jun 24, 2025$51,2004,5095,9291.7 mi
81
KY-173789
Dirt · Power at road
8.6Dec 9, 2025$25,9003,0233,7709.3 mi
79
KY-944710
Gravel · Full utilities
16.7Jun 5, 2025$84,7005,0774,8451.2 mi
77
KY-503584
Dirt · Power at road
7.4May 29, 2025$28,1003,8104,8064.8 mi
76
KY-712718
Gravel · Full utilities
3.9Jul 27, 2026$21,4005,4394,4722.8 mi
76
KY-843434
Paved · Power at road
6.6Jan 28, 2025$47,5007,1786,6443.7 mi
70
KY-354388
Gravel · Full utilities
13.2Jun 3, 2025$95,8007,2516,75110.1 mi
70
KY-563423
Gravel · Off grid
6.6Sep 29, 2025$23,8003,6164,52110.6 mi
69
KY-555436
Paved · Off grid
28.2Jul 27, 2026$140,5004,9795,9187.8 mi
68
Show adjustment detail for the top comp
  • Tract size (11.36 ac → 9.32 ac)+1.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (14 mo)+4.8%

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.