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Ohio County, KY · Sold

KY-224648

8990 County Road 59

$73,400
$4,602/ac · 15.95 ac
Acreage15.95 ac
Price per acre$4,602/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedNov 25, 2023
Coordinates37.4734, -86.8681
Loading terrain…
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

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

View Ohio market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

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.

Power7,950 ft away

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

Buildable area12.88 of 15.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$58,582
$47,070$70,093 · $3,673/ac on 15.95 ac
Asking vs estimate
+25.3%
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 $73,400
Maximum allowable offer
$33,475
$2,099/ac · +30.0% target margin

You need $39,925 off asking to hit this margin.

All-in cost$36,320
Net resale$53,895
Projected profit$17,575
ROI+48.4%
Annualized+69.3%
Break-even resale$2,475/ac
Profit if resale lands off target
-20%
$6,796
-10%
$12,185
0%
$17,575
+10%
$22,964
+20%
$28,354
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-875241
Dirt · Power at road
24.5May 13, 2026$77,1003,1452,8541.2 mi
82
KY-164741
Gravel · Off grid
17.1Jun 23, 2025$58,1003,4053,0934.7 mi
78
KY-955411
Gravel · Full utilities
27.7Jul 27, 2026$166,1005,9923,8713.8 mi
78
KY-634848
Dirt · Off grid
18.4Apr 9, 2024$49,6002,6913,0073.6 mi
76
KY-374964
Paved · Power at road
20.1Jan 5, 2024$133,1006,6374,6891.7 mi
75
KY-946211
Landlocked · Power at road
49.5Jul 27, 2026$181,5003,6684,7091.4 mi
72
KY-625984
Paved · Full utilities
42.0Sep 30, 2025$250,3005,9613,6236.8 mi
63
Show adjustment detail for the top comp
  • Tract size (24.5 ac → 15.95 ac)+5.6%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.1%

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.