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Muhlenberg County, KY · Sold

KY-248648

5347 County Road 49

$732,400
$2,533/ac · 289 ac
Acreage289 ac
Price per acre$2,533/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedApr 21, 2024
Coordinates37.2815, -87.0802
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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

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

5 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power15 ft away

Power at or near the road.

Buildable area192.46 of 289.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$761,251
$646,225$876,276 · $2,633/ac on 289 ac
Asking vs estimate
-3.8%
In line with 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 $732,400
Maximum allowable offer
$435,000
$1,504/ac · +30.0% target margin

You need $297,400 off asking to hit this margin.

All-in cost$471,975
Net resale$700,351
Projected profit$228,376
ROI+48.4%
Annualized+69.2%
Break-even resale$1,774/ac
Profit if resale lands off target
-20%
$88,305
-10%
$158,340
0%
$228,376
+10%
$298,411
+20%
$368,446
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-819970
Landlocked · Full utilities
753.5Jul 27, 2026$1,779,7002,3622,5862.3 mi
76
KY-507598
Gravel · Off grid
135.1Jun 29, 2025$480,3003,5542,4123.7 mi
66
KY-996771
Landlocked · Off grid
74.2Feb 12, 2025$173,6002,3392,0458.3 mi
58
KY-786482
Dirt · Off grid
60.2Dec 10, 2025$303,3005,0373,21611.9 mi
57
KY-226863
Dirt · Off grid
79.3Apr 8, 2025$338,9004,2712,98011.6 mi
56
Show adjustment detail for the top comp
  • Tract size (753.45 ac → 289.16 ac)+33.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.