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Nelson County, KY · Sold

KY-207864

1198 County Road 82

$687,100
$4,193/ac · 164 ac
Acreage164 ac
Price per acre$4,193/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 22, 2026
Coordinates37.8133, -85.4390
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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
28
Low risk
Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

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.

Power7,670 ft away

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

Buildable area134.96 of 163.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$619,914
$501,044$738,784 · $3,783/ac on 164 ac
Asking vs estimate
+10.8%
Priced above the comp set

Weighted from 9 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 $687,100
Maximum allowable offer
$354,236
$2,162/ac · +30.0% target margin

You need $332,864 off asking to hit this margin.

All-in cost$384,346
Net resale$570,321
Projected profit$185,975
ROI+48.4%
Annualized+69.3%
Break-even resale$2,550/ac
Profit if resale lands off target
-20%
$71,910
-10%
$128,942
0%
$185,975
+10%
$243,007
+20%
$300,039
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-227466
Paved · Full utilities
122.8Mar 17, 2026$653,8005,3232,9631.3 mi
80
KY-818812
Landlocked · Power at road
325.6Jul 27, 2026$689,5002,1183,2214.7 mi
79
KY-647542
Dirt · Power at road
129.8Jul 21, 2025$467,9003,6063,5004.2 mi
79
KY-788132
Dirt · Off grid
199.0Jun 26, 2025$677,7003,4064,3771.7 mi
78
KY-597497
Paved · Power at road
125.6Mar 29, 2025$580,1004,6183,2814.6 mi
72
KY-189430
Landlocked · Power at road
509.5Jul 27, 2026$1,235,3002,4244,2145.1 mi
70
KY-597004
Landlocked · Off grid
87.9Jul 25, 2025$311,4003,5444,6427.0 mi
68
KY-187069
Dirt · Power at road
92.1Apr 10, 2024$297,5003,2303,0254.2 mi
64
KY-856447
Dirt · Power at road
58.7Jan 18, 2024$353,8006,0275,1407.0 mi
60
Show adjustment detail for the top comp
  • Tract size (122.82 ac → 163.86 ac)-7.3%
  • Access (Paved → Gravel)-15.3%
  • 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.