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Nelson County, KY · Sold

KY-597004

390 County Road 102

$296,900
$3,378/ac · 87.88 ac
Acreage87.88 ac
Price per acre$3,378/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJul 23, 2024
Coordinates37.7795, -85.5599
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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

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

View Nelson market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
55
High risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope28.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,354 ft away

A long utility run — price in solar/off-grid instead.

Buildable area51.67 of 87.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$286,682
$229,554$343,810 · $3,262/ac on 87.88 ac
Asking vs estimate
+3.6%
In line with 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 $296,900
Maximum allowable offer
$163,818
$1,864/ac · +30.0% target margin

You need $133,082 off asking to hit this margin.

All-in cost$177,743
Net resale$263,747
Projected profit$86,005
ROI+48.4%
Annualized+69.2%
Break-even resale$2,198/ac
Profit if resale lands off target
-20%
$33,255
-10%
$59,630
0%
$86,005
+10%
$112,379
+20%
$138,754
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-227466
Paved · Full utilities
122.8Mar 17, 2026$653,8005,3232,3635.7 mi
80
KY-207864
Gravel · Off grid
163.9Jul 27, 2026$735,9004,4913,5897.0 mi
76
KY-187069
Dirt · Power at road
92.1Apr 10, 2024$297,5003,2302,4128.4 mi
74
KY-647542
Dirt · Power at road
129.8Jul 21, 2025$467,9003,6062,7914.5 mi
71
KY-856447
Dirt · Power at road
58.7Jan 18, 2024$353,8006,0274,0991.2 mi
68
KY-597497
Paved · Power at road
125.6Mar 29, 2025$580,1004,6182,6169.6 mi
67
KY-788132
Dirt · Off grid
199.0Jun 26, 2025$677,7003,4063,4905.8 mi
66
KY-805938
Dirt · Power at road
40.6Feb 21, 2025$268,5006,6124,0063.5 mi
65
KY-945802
Gravel · Off grid
36.8Nov 21, 2024$225,1006,1173,7213.6 mi
64
KY-856110
Paved · Off grid
46.0May 3, 2024$323,8007,0413,8645.4 mi
64
Show adjustment detail for the top comp
  • Tract size (122.82 ac → 87.88 ac)+8.7%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (5 mo)+1.7%

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.