← New search
Muhlenberg County, KY · Sold

KY-819970

1648 County Road 196

$2,106,200
$2,795/ac · 753 ac
Acreage753 ac
Price per acre$2,795/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedMay 9, 2026
Coordinates37.2494, -87.0676
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
33
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area647.78 of 753.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,759,390
$1,521,122$1,997,659 · $2,335/ac on 753 ac
Asking vs estimate
+19.7%
Priced above the comp set

Weighted from 4 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 $2,106,200
Maximum allowable offer
$1,005,366
$1,334/ac · +30.0% target margin

You need $1,100,834 off asking to hit this margin.

All-in cost$1,090,822
Net resale$1,618,639
Projected profit$527,817
ROI+48.4%
Annualized+69.2%
Break-even resale$1,574/ac
Profit if resale lands off target
-20%
$204,089
-10%
$365,953
0%
$527,817
+10%
$689,681
+20%
$851,545
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-248648
Landlocked · Power at road
289.2Jan 7, 2025$749,2002,5912,5312.3 mi
65
KY-507598
Gravel · Off grid
135.1Jun 29, 2025$480,3003,5542,2083.4 mi
58
KY-996771
Landlocked · Off grid
74.2Feb 12, 2025$173,6002,3391,8726.0 mi
54
KY-226863
Dirt · Off grid
79.3Apr 8, 2025$338,9004,2712,72810.2 mi
50
Show adjustment detail for the top comp
  • Tract size (289.16 ac → 753.45 ac)-25.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (19 mo)+6.7%

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.