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Madison County, KY · Sold

KY-379522

396 County Road 376

$1,061,000
$1,948/ac · 545 ac
Acreage545 ac
Price per acre$1,948/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedJan 14, 2024
Coordinates37.7793, -84.3681
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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
10
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,239 ft of deeded road frontage.

Power77 ft away

Power at or near the road.

Buildable area468.77 of 544.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,190,946
$997,846$1,384,046 · $2,187/ac on 545 ac
Asking vs estimate
-10.9%
Priced below 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 $1,061,000
Maximum allowable offer
$680,541
$1,250/ac · +30.0% target margin

You need $380,459 off asking to hit this margin.

All-in cost$738,387
Net resale$1,095,671
Projected profit$357,284
ROI+48.4%
Annualized+69.2%
Break-even resale$1,474/ac
Profit if resale lands off target
-20%
$138,149
-10%
$247,717
0%
$357,284
+10%
$466,851
+20%
$576,418
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-559845
Gravel · Off grid
688.2Jul 21, 2026$1,578,3002,2932,4999.7 mi
79
KY-978816
Dirt · Full utilities
326.6Feb 24, 2026$778,7002,3851,7115.9 mi
75
KY-139602
Paved · Off grid
577.1Mar 18, 2025$1,195,3002,0711,9158.5 mi
73
KY-698157
Dirt · Power at road
202.6May 21, 2026$706,2003,4852,6366.5 mi
73
KY-657840
Gravel · Off grid
161.0Dec 20, 2024$457,0002,8382,1596.7 mi
57
Show adjustment detail for the top comp
  • Tract size (688.22 ac → 544.64 ac)+7.4%
  • Access (Gravel → Dirt)-14.0%
  • 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.