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Nelson County, KY · Sold

KY-482564

5280 County Road 111

$29,200
$8,295/ac · 3.52 ac
Acreage3.52 ac
Price per acre$8,295/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedDec 11, 2023
Coordinates37.7507, -85.3949
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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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope30.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

289 ft of deeded road frontage.

Power55 ft away

Power at or near the road.

Buildable area2.06 of 3.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,106
$22,829$33,383 · $7,985/ac on 3.52 ac
Asking vs estimate
+3.9%
In line with 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 $29,200
Maximum allowable offer
$16,061
$4,563/ac · +30.0% target margin

You need $13,139 off asking to hit this margin.

All-in cost$17,426
Net resale$25,858
Projected profit$8,432
ROI+48.4%
Annualized+69.2%
Break-even resale$5,381/ac
Profit if resale lands off target
-20%
$3,260
-10%
$5,846
0%
$8,432
+10%
$11,017
+20%
$13,603
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-422072
Gravel · Power at road
2.5Jul 22, 2026$18,6007,5447,4887.0 mi
83
KY-922250
Dirt · Power at road
2.8Jul 27, 2026$15,3005,4466,3036.3 mi
83
KY-503190
Paved · Off grid
5.5Aug 21, 2025$36,1006,5066,8830.9 mi
78
KY-841814
Gravel · Full utilities
2.0Nov 7, 2025$16,1007,8376,5377.9 mi
76
KY-761038
Dirt · Power at road
1.2Jul 27, 2026$9,9008,5049,6837.9 mi
75
KY-121166
Dirt · Off grid
1.3Jan 20, 2026$9,2007,2019,8663.0 mi
68
KY-343842
Paved · Off grid
8.9Apr 12, 2026$82,4009,2659,8269.0 mi
67
Show adjustment detail for the top comp
  • Tract size (2.47 ac → 3.52 ac)-1.0%

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.