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Nelson County, KY · Sold

KY-189430

9764 County Road 202

$1,181,000
$2,318/ac · 510 ac
Acreage510 ac
Price per acre$2,318/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 19, 2026
Coordinates37.8791, -85.4807
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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
45
Moderate risk
Wetlands16.9% 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 accessLandlocked

No legal access of record — resale is severely limited.

Power94 ft away

Power at or near the road.

Buildable area402.24 of 509.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,048,130
$875,270$1,220,990 · $2,057/ac on 510 ac
Asking vs estimate
+12.7%
Priced above 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 $1,181,000
Maximum allowable offer
$598,931
$1,175/ac · +30.0% target margin

You need $582,069 off asking to hit this margin.

All-in cost$649,840
Net resale$964,280
Projected profit$314,439
ROI+48.4%
Annualized+69.2%
Break-even resale$1,386/ac
Profit if resale lands off target
-20%
$121,584
-10%
$218,012
0%
$314,439
+10%
$410,867
+20%
$507,295
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-818812
Landlocked · Power at road
325.6Jul 27, 2026$689,5002,1181,8575.9 mi
82
KY-207864
Gravel · Off grid
163.9Jul 27, 2026$735,9004,4912,5955.1 mi
70
KY-227466
Paved · Full utilities
122.8Mar 17, 2026$653,8005,3231,7095.0 mi
64
KY-788132
Dirt · Off grid
199.0Jun 26, 2025$677,7003,4062,5246.1 mi
63
KY-647542
Dirt · Power at road
129.8Jul 21, 2025$467,9003,6062,0188.1 mi
60
KY-597497
Paved · Power at road
125.6Mar 29, 2025$580,1004,6181,8919.6 mi
58
KY-187069
Dirt · Power at road
92.1Apr 10, 2024$297,5003,2301,7449.3 mi
51
Show adjustment detail for the top comp
  • Tract size (325.63 ac → 509.52 ac)-12.5%

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.