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Logan County, KY · Sold

KY-671088

2040 County Road 376

$2,800
$2,314/ac · 1.21 ac
Acreage1.21 ac
Price per acre$2,314/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedFeb 13, 2024
Coordinates36.8606, -86.8609
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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

4 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope23.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,976 ft away

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

Buildable area0.70 of 1.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,982
$3,154$4,810 · $3,291/ac on 1.21 ac
Asking vs estimate
-29.7%
Priced below the comp set

Weighted from 5 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 $2,800
Maximum allowable offer
$2,276
$1,881/ac · +30.0% target margin

You need $524 off asking to hit this margin.

All-in cost$2,469
Net resale$3,664
Projected profit$1,194
ROI+48.4%
Annualized+69.2%
Break-even resale$2,218/ac
Profit if resale lands off target
-20%
$462
-10%
$828
0%
$1,194
+10%
$1,561
+20%
$1,927
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-940383
Gravel · Off grid
0.7Nov 17, 2024$3,4004,6613,3854.6 mi
73
KY-712718
Gravel · Full utilities
3.9Jul 27, 2026$21,4005,4392,6534.6 mi
70
KY-731515
Paved · Power at road
1.6Sep 18, 2024$13,6008,2164,3674.6 mi
69
KY-232126
Gravel · Power at road
2.6Aug 6, 2024$9,9003,8552,4514.5 mi
66
KY-142071
Landlocked · Power at road
2.5Mar 22, 2025$9,7003,9273,5796.5 mi
66
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Market time (21 mo)+7.3%

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.