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Logan County, KY · Sold

KY-563423

396 County Road 154

$24,900
$3,790/ac · 6.57 ac
Acreage6.57 ac
Price per acre$3,790/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJul 31, 2024
Coordinates36.9139, -86.7794
Loading terrain…
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
10
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

407 ft of deeded road frontage.

Power4,576 ft away

Service extension needed; get a utility quote.

Buildable area6.16 of 6.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,202
$23,412$34,991 · $4,445/ac on 6.57 ac
Asking vs estimate
-14.7%
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 $24,900
Maximum allowable offer
$16,687
$2,540/ac · +30.0% target margin

You need $8,213 off asking to hit this margin.

All-in cost$18,105
Net resale$26,866
Projected profit$8,760
ROI+48.4%
Annualized+69.2%
Break-even resale$2,995/ac
Profit if resale lands off target
-20%
$3,387
-10%
$6,074
0%
$8,760
+10%
$11,447
+20%
$14,133
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-712718
Gravel · Full utilities
3.9Jul 27, 2026$21,4005,4393,7088.0 mi
82
KY-173789
Dirt · Power at road
8.6Dec 9, 2025$25,9003,0233,1263.7 mi
76
KY-843434
Paved · Power at road
6.6Jan 28, 2025$47,5007,1785,5097.8 mi
74
KY-503584
Dirt · Power at road
7.4May 29, 2025$28,1003,8103,9858.2 mi
73
KY-454180
Gravel · Off grid
11.4Jun 24, 2025$51,2004,5094,91611.5 mi
70
KY-443906
Dirt · Full utilities
9.3Apr 21, 2025$57,7006,1945,42010.6 mi
67
KY-354388
Gravel · Full utilities
13.2Jun 3, 2025$95,8007,2515,59812.4 mi
64
KY-944710
Gravel · Full utilities
16.7Jun 5, 2025$84,7005,0774,01711.2 mi
62
KY-232126
Gravel · Power at road
2.6Aug 6, 2024$9,9003,8553,4278.4 mi
61
KY-142071
Landlocked · Power at road
2.5Mar 22, 2025$9,7003,9275,00410.5 mi
58
Show adjustment detail for the top comp
  • Tract size (3.94 ac → 6.57 ac)-2.4%
  • 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.