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Muhlenberg County, KY · Sold

KY-463825

5429 County Road 205

$65,800
$7,486/ac · 8.79 ac
Acreage8.79 ac
Price per acre$7,486/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 12, 2024
Coordinates37.2236, -87.1644
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

Muhlenberg County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Muhlenberg market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power209 ft away

Power at or near the road.

Buildable area8.13 of 8.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$46,647
$36,092$57,202 · $5,307/ac on 8.79 ac
Asking vs estimate
+41.1%
Priced above 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 $65,800
Maximum allowable offer
$26,655
$3,032/ac · +30.0% target margin

You need $39,145 off asking to hit this margin.

All-in cost$28,921
Net resale$42,915
Projected profit$13,994
ROI+48.4%
Annualized+69.3%
Break-even resale$3,576/ac
Profit if resale lands off target
-20%
$5,411
-10%
$9,703
0%
$13,994
+10%
$18,286
+20%
$22,577
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-923398
Gravel · Off grid
6.5Jul 11, 2026$22,7003,5173,5025.3 mi
80
KY-314284
Dirt · Power at road
12.3Jul 16, 2025$53,8004,3934,7204.0 mi
78
KY-273948
Gravel · Power at road
9.6Nov 24, 2024$67,7007,0476,5422.2 mi
77
KY-593563
Gravel · Off grid
7.3Dec 10, 2025$29,4004,0454,1566.3 mi
76
KY-173085
Gravel · Off grid
5.1Feb 2, 2026$33,2006,4586,4721.1 mi
75
KY-115356
Gravel · Power at road
26.6Jul 25, 2026$137,9005,1795,0395.4 mi
72
KY-972274
Gravel · Full utilities
2.9Feb 16, 2026$22,9008,0055,4628.3 mi
64
KY-822180
Dirt · Power at road
2.7Nov 15, 2024$12,2004,5844,6586.5 mi
62
KY-645369
Paved · Full utilities
26.9Dec 4, 2024$289,50010,7667,7892.9 mi
60
KY-472592
Gravel · Off grid
3.6Sep 12, 2024$17,9004,9775,1988.2 mi
58
Show adjustment detail for the top comp
  • Tract size (6.45 ac → 8.79 ac)-2.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.