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Nelson County, KY · Sold

KY-343842

5838 County Road 296

$79,500
$8,943/ac · 8.89 ac
Acreage8.89 ac
Price per acre$8,943/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMay 2, 2025
Coordinates37.7894, -85.5521
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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

5 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,522 ft away

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

Buildable area7.01 of 8.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,106
$57,857$78,354 · $7,661/ac on 8.89 ac
Asking vs estimate
+16.7%
Priced above the comp set

Weighted from 6 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 $79,500
Maximum allowable offer
$38,917
$4,378/ac · +30.0% target margin

You need $40,583 off asking to hit this margin.

All-in cost$42,225
Net resale$62,657
Projected profit$20,432
ROI+48.4%
Annualized+69.3%
Break-even resale$5,163/ac
Profit if resale lands off target
-20%
$7,901
-10%
$14,166
0%
$20,432
+10%
$26,698
+20%
$32,964
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-384323
Paved · Power at road
12.6Nov 18, 2025$126,40010,0319,0515.6 mi
77
KY-503190
Paved · Off grid
5.5Aug 21, 2025$36,1006,5066,5838.2 mi
73
KY-474412
Gravel · Off grid
13.4Mar 22, 2025$77,8005,7867,4893.8 mi
72
KY-922250
Dirt · Power at road
2.8Jul 27, 2026$15,3005,4466,0283.7 mi
71
KY-634658
Paved · Power at road
16.1Jan 26, 2025$132,3008,2357,8716.1 mi
68
KY-482564
Gravel · Power at road
3.5Sep 26, 2024$31,2008,8689,1539.0 mi
58
Show adjustment detail for the top comp
  • Tract size (12.6 ac → 8.89 ac)+3.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.1%

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.