← New search
Wayne County, KY · Sold

KY-395538

4022 County Road 316

$163,600
$5,383/ac · 30.39 ac
Acreage30.39 ac
Price per acre$5,383/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 13, 2025
Coordinates36.8071, -84.8405
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

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

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands17.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,151 ft of deeded road frontage.

Power32 ft away

Power at or near the road.

Buildable area23.79 of 30.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$158,230
$126,605$189,856 · $5,207/ac on 30.39 ac
Asking vs estimate
+3.4%
In line with the comp set

Weighted from 10 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 $163,600
Maximum allowable offer
$90,417
$2,975/ac · +30.0% target margin

You need $73,183 off asking to hit this margin.

All-in cost$98,102
Net resale$145,572
Projected profit$47,469
ROI+48.4%
Annualized+69.3%
Break-even resale$3,509/ac
Profit if resale lands off target
-20%
$18,355
-10%
$32,912
0%
$47,469
+10%
$62,027
+20%
$76,584
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-515706
Dirt · Off grid
34.3May 22, 2026$101,3002,9503,5776.0 mi
84
KY-245279
Paved · Off grid
25.2Jul 27, 2026$162,6006,4575,3917.1 mi
81
KY-816026
Paved · Power at road
43.3Oct 21, 2025$319,1007,3745,9142.2 mi
78
KY-154238
Dirt · Full utilities
11.8Jul 27, 2026$89,5007,5515,5163.9 mi
75
KY-934377
Dirt · Power at road
13.1Feb 6, 2026$103,8007,9227,2675.5 mi
73
KY-267087
Gravel · Off grid
93.3Jul 27, 2026$399,7004,2825,4576.8 mi
69
KY-674588
Gravel · Full utilities
15.3Jul 19, 2025$128,9008,4445,6732.7 mi
68
KY-234039
Dirt · Power at road
10.3Jun 29, 2025$45,0004,3904,0394.7 mi
67
KY-696660
Gravel · Off grid
68.5Feb 9, 2025$277,9004,0575,1052.6 mi
64
KY-887148
Gravel · Off grid
97.5Jul 26, 2024$280,9002,8804,0217.3 mi
60
Show adjustment detail for the top comp
  • Tract size (34.32 ac → 30.39 ac)+2.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.