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Warren County, KY · Sold

KY-814652

8698 County Road 233

$70,600
$4,415/ac · 15.99 ac
Acreage15.99 ac
Price per acre$4,415/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedMar 18, 2024
Coordinates37.0404, -86.3879
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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

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

View Warren market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
17
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

852 ft of deeded road frontage.

Power2,056 ft away

Service extension needed; get a utility quote.

Buildable area12.73 of 15.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$61,681
$45,594$77,768 · $3,857/ac on 15.99 ac
Asking vs estimate
+14.5%
Priced above the comp set

Weighted from 8 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 $70,600
Maximum allowable offer
$35,246
$2,204/ac · +30.0% target margin

You need $35,354 off asking to hit this margin.

All-in cost$38,242
Net resale$56,747
Projected profit$18,505
ROI+48.4%
Annualized+69.3%
Break-even resale$2,600/ac
Profit if resale lands off target
-20%
$7,155
-10%
$12,830
0%
$18,505
+10%
$24,179
+20%
$29,854
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-625052
Dirt · Off grid
21.4Jul 27, 2026$45,9002,1463,0589.8 mi
84
KY-664404
Dirt · Off grid
13.4Dec 6, 2025$36,6002,7383,7946.9 mi
78
KY-314543
Gravel · Off grid
14.8Jul 25, 2025$62,7004,2435,1857.5 mi
77
KY-965901
Dirt · Power at road
39.5Jul 27, 2026$68,2001,7252,3012.8 mi
74
KY-223709
Dirt · Power at road
8.1May 13, 2026$26,2003,2463,6033.8 mi
73
KY-504750
Gravel · Off grid
17.2Feb 7, 2024$41,8002,4363,2059.9 mi
71
KY-134214
Gravel · Off grid
11.7Jan 24, 2025$52,0004,4675,4417.7 mi
70
KY-336205
Paved · Full utilities
49.3Sep 4, 2025$253,4005,1444,4360.9 mi
68
Show adjustment detail for the top comp
  • Tract size (21.37 ac → 15.99 ac)+3.6%
  • Access (Dirt → Paved)+37.2%

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.