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Madison County, KY · Sold

KY-272701

7460 County Road 315

$24,900
$6,401/ac · 3.89 ac
Acreage3.89 ac
Price per acre$6,401/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 10, 2023
Coordinates37.7695, -84.3191
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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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands31.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

390 ft of deeded road frontage.

Power115 ft away

Power at or near the road.

Buildable area2.53 of 3.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,499
$19,819$31,178 · $6,555/ac on 3.89 ac
Asking vs estimate
-2.3%
In line with 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
$14,571
$3,746/ac · +30.0% target margin

You need $10,329 off asking to hit this margin.

All-in cost$15,810
Net resale$23,459
Projected profit$7,649
ROI+48.4%
Annualized+69.2%
Break-even resale$4,418/ac
Profit if resale lands off target
-20%
$2,957
-10%
$5,303
0%
$7,649
+10%
$9,995
+20%
$12,341
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-702355
Gravel · Off grid
3.0Jul 27, 2026$13,9004,6005,3793.0 mi
85
KY-901038
Gravel · Power at road
1.2Jul 27, 2026$7,9006,7176,5541.6 mi
81
KY-973023
Gravel · Off grid
4.9Jun 27, 2024$24,3004,9476,4020.9 mi
79
KY-542903
Landlocked · Off grid
4.5Feb 9, 2026$14,9003,3185,8985.2 mi
79
KY-942288
Dirt · Power at road
2.9Feb 22, 2025$17,0005,8927,2072.3 mi
79
KY-632861
Dirt · Full utilities
4.4May 14, 2025$22,7005,1855,2261.8 mi
77
KY-463542
Gravel · Off grid
7.2Jul 27, 2026$57,9008,0839,8167.7 mi
77
KY-633877
Gravel · Off grid
9.1Jul 27, 2026$38,2004,1835,1646.2 mi
75
KY-853260
Gravel · Power at road
5.8Jan 3, 2025$29,7005,0935,5366.5 mi
72
KY-143204
Dirt · Off grid
5.6Sep 13, 2025$33,3005,9528,5929.0 mi
70
Show adjustment detail for the top comp
  • Tract size (3.03 ac → 3.89 ac)-0.8%
  • Utilities (Off grid → Power at road)+17.6%

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.