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Madison County, KY · Sold

KY-978816

4705 County Road 97

$802,000
$2,456/ac · 327 ac
Acreage327 ac
Price per acre$2,456/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJul 29, 2025
Coordinates37.7709, -84.2612
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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

Madison County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Madison market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
0
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,884 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area309.63 of 326.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$992,633
$818,586$1,166,680 · $3,039/ac on 327 ac
Asking vs estimate
-19.2%
Priced below the comp set

Weighted from 6 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 $802,000
Maximum allowable offer
$567,219
$1,737/ac · +30.0% target margin

You need $234,781 off asking to hit this margin.

All-in cost$615,433
Net resale$913,222
Projected profit$297,790
ROI+48.4%
Annualized+69.2%
Break-even resale$2,048/ac
Profit if resale lands off target
-20%
$115,145
-10%
$206,468
0%
$297,790
+10%
$389,112
+20%
$480,434
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-698157
Dirt · Power at road
202.6May 21, 2026$706,2003,4853,7461.3 mi
81
KY-559845
Gravel · Off grid
688.2Jul 21, 2026$1,578,3002,2933,5524.4 mi
75
KY-347402
Gravel · Power at road
117.3Jun 10, 2026$324,5002,7682,2050.6 mi
73
KY-139602
Paved · Off grid
577.1Mar 18, 2025$1,195,3002,0712,7213.4 mi
68
KY-379522
Dirt · Power at road
544.6Jul 26, 2024$992,0001,8212,8125.9 mi
67
KY-657840
Gravel · Off grid
161.0Dec 20, 2024$457,0002,8383,0686.8 mi
63
Show adjustment detail for the top comp
  • Tract size (202.61 ac → 326.58 ac)-12.8%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+1.0%

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.