← New search
Madison County, KY · Sold

KY-270322

2509 County Road 368

$3,800
$5,507/ac · 0.69 ac
Acreage0.69 ac
Price per acre$5,507/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJan 23, 2024
Coordinates37.7412, -84.2848
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

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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope22.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

203 ft of deeded road frontage.

Power9,168 ft away

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

Buildable area0.39 of 0.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,696
$2,875$4,517 · $5,356/ac on 0.69 ac
Asking vs estimate
+2.8%
In line with 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 $3,800
Maximum allowable offer
$2,112
$3,061/ac · +30.0% target margin

You need $1,688 off asking to hit this margin.

All-in cost$2,292
Net resale$3,400
Projected profit$1,109
ROI+48.4%
Annualized+69.2%
Break-even resale$3,610/ac
Profit if resale lands off target
-20%
$429
-10%
$769
0%
$1,109
+10%
$1,449
+20%
$1,789
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-950445
Dirt · Power at road
0.8Jul 27, 2026$2,7003,6083,5774.5 mi
84
KY-901038
Gravel · Power at road
1.2Jul 27, 2026$7,9006,7175,7502.8 mi
81
KY-960512
Dirt · Power at road
0.8Apr 14, 2025$5,2006,5276,8214.3 mi
74
KY-702355
Gravel · Off grid
3.0Jul 27, 2026$13,9004,6004,7194.1 mi
72
KY-942288
Dirt · Power at road
2.9Feb 22, 2025$17,0005,8926,3244.5 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.