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Madison County, KY · Sold

KY-632861

9809 County Road 32

$24,900
$5,698/ac · 4.37 ac
Acreage4.37 ac
Price per acre$5,698/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedFeb 13, 2025
Coordinates37.7476, -84.3365
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area3.96 of 4.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,753
$23,927$37,579 · $7,037/ac on 4.37 ac
Asking vs estimate
-19.0%
Priced below the comp set

Weighted from 9 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
$17,573
$4,021/ac · +30.0% target margin

You need $7,327 off asking to hit this margin.

All-in cost$19,067
Net resale$28,293
Projected profit$9,226
ROI+48.4%
Annualized+69.3%
Break-even resale$4,742/ac
Profit if resale lands off target
-20%
$3,568
-10%
$6,397
0%
$9,226
+10%
$12,055
+20%
$14,885
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-702355
Gravel · Off grid
3.0Jul 27, 2026$13,9004,6005,6181.4 mi
87
KY-542903
Landlocked · Off grid
4.5Feb 9, 2026$14,9003,3186,1603.4 mi
82
KY-463542
Gravel · Off grid
7.2Jul 27, 2026$57,9008,08310,2538.6 mi
80
KY-143204
Dirt · Off grid
5.6Sep 13, 2025$33,3005,9528,9758.3 mi
75
KY-942288
Dirt · Power at road
2.9Feb 22, 2025$17,0005,8927,5281.8 mi
74
KY-272701
Gravel · Power at road
3.9Aug 25, 2024$23,7006,1006,9001.8 mi
74
KY-973023
Gravel · Off grid
4.9Jun 27, 2024$24,3004,9476,6871.8 mi
74
KY-633877
Gravel · Off grid
9.1Jul 27, 2026$38,2004,1835,3946.2 mi
73
KY-853260
Gravel · Power at road
5.8Jan 3, 2025$29,7005,0935,7827.7 mi
69
Show adjustment detail for the top comp
  • Tract size (3.03 ac → 4.37 ac)-1.3%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.