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Madison County, KY · Sold

KY-135646

7234 County Road 76

$229,600
$6,987/ac · 32.86 ac
Acreage32.86 ac
Price per acre$6,987/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMar 22, 2024
Coordinates37.7094, -84.2913
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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
3
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

578 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.09 of 32.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$190,715
$162,592$218,839 · $5,804/ac on 32.86 ac
Asking vs estimate
+20.4%
Priced above the comp set

Weighted from 7 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 $229,600
Maximum allowable offer
$108,980
$3,316/ac · +30.0% target margin

You need $120,620 off asking to hit this margin.

All-in cost$118,243
Net resale$175,458
Projected profit$57,215
ROI+48.4%
Annualized+69.3%
Break-even resale$3,911/ac
Profit if resale lands off target
-20%
$22,123
-10%
$39,669
0%
$57,215
+10%
$74,761
+20%
$92,306
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-175773
Landlocked · Power at road
36.0Jul 27, 2026$119,1003,3065,1946.8 mi
88
KY-895796
Gravel · Power at road
36.6Jul 27, 2026$235,9006,4406,8993.5 mi
85
KY-496247
Gravel · Power at road
50.8Mar 30, 2026$284,6005,6036,4714.7 mi
80
KY-654883
Dirt · Off grid
18.9Jul 17, 2026$78,5004,1535,5194.9 mi
80
KY-305955
Dirt · Full utilities
41.1May 22, 2025$167,2004,0674,4503.3 mi
79
KY-395857
Landlocked · Full utilities
38.3Sep 29, 2025$151,6003,9615,3335.1 mi
78
KY-854711
Paved · Power at road
16.7May 19, 2026$139,1008,3356,8074.8 mi
73
Show adjustment detail for the top comp
  • Tract size (36.03 ac → 32.86 ac)+1.6%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.