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Madison County, KY · Sold

KY-633877

8477 County Road 156

$45,800
$5,022/ac · 9.12 ac
Acreage9.12 ac
Price per acre$5,022/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 12, 2026
Coordinates37.7121, -84.2323
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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

5 items to verify before you offer.

Risk index
29
Low risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,726 ft away

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

Buildable area7.58 of 9.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$50,805
$39,756$61,853 · $5,571/ac on 9.12 ac
Asking vs estimate
-9.9%
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 $45,800
Maximum allowable offer
$29,031
$3,183/ac · +30.0% target margin

You need $16,769 off asking to hit this margin.

All-in cost$31,499
Net resale$46,740
Projected profit$15,242
ROI+48.4%
Annualized+69.3%
Break-even resale$3,754/ac
Profit if resale lands off target
-20%
$5,894
-10%
$10,568
0%
$15,242
+10%
$19,916
+20%
$24,590
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-463542
Gravel · Off grid
7.2Jul 27, 2026$57,9008,0837,9694.2 mi
87
KY-654883
Dirt · Off grid
18.9Jul 17, 2026$78,5004,1535,2041.8 mi
78
KY-854711
Paved · Power at road
16.7May 19, 2026$139,1008,3356,4181.8 mi
76
KY-542903
Landlocked · Off grid
4.5Feb 9, 2026$14,9003,3184,7886.8 mi
76
KY-702355
Gravel · Off grid
3.0Jul 27, 2026$13,9004,6004,3677.3 mi
73
KY-143204
Dirt · Off grid
5.6Sep 13, 2025$33,3005,9526,9763.9 mi
73
KY-853260
Gravel · Power at road
5.8Jan 3, 2025$29,7005,0934,4944.8 mi
70
KY-973023
Gravel · Off grid
4.9Jun 27, 2024$24,3004,9475,1977.0 mi
67
KY-632861
Dirt · Full utilities
4.4May 14, 2025$22,7005,1854,2436.2 mi
64
KY-272701
Gravel · Power at road
3.9Aug 25, 2024$23,7006,1005,3636.2 mi
63
Show adjustment detail for the top comp
  • Tract size (7.16 ac → 9.12 ac)-1.6%

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.