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Wayne County, KY · Sold

KY-221817

4100 County Road 192

$17,000
$8,293/ac · 2.05 ac
Acreage2.05 ac
Price per acre$8,293/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedOct 19, 2024
Coordinates36.8345, -84.7618
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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

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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands48.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

197 ft of deeded road frontage.

Power1,902 ft away

Service extension needed; get a utility quote.

Buildable area1.00 of 2.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,098
$9,877$16,319 · $6,389/ac on 2.05 ac
Asking vs estimate
+29.8%
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 $17,000
Maximum allowable offer
$7,485
$3,651/ac · +30.0% target margin

You need $9,515 off asking to hit this margin.

All-in cost$8,121
Net resale$12,050
Projected profit$3,929
ROI+48.4%
Annualized+69.2%
Break-even resale$4,306/ac
Profit if resale lands off target
-20%
$1,519
-10%
$2,724
0%
$3,929
+10%
$5,134
+20%
$6,339
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-503014
Gravel · Off grid
4.9Jul 27, 2026$25,0005,1166,2164.4 mi
75
KY-201990
Gravel · Power at road
2.3Nov 7, 2024$10,8004,6405,0143.9 mi
74
KY-862347
Dirt · Power at road
3.0Mar 11, 2025$24,0007,9869,9688.6 mi
72
KY-173220
Landlocked · Power at road
5.7Jul 27, 2026$25,4004,4846,8609.7 mi
68
KY-850525
Gravel · Off grid
0.8May 3, 2025$3,3004,1545,10110.1 mi
66
KY-453013
Gravel · Power at road
4.9May 23, 2025$28,9005,9206,4173.1 mi
65
KY-490596
Dirt · Power at road
0.8Feb 9, 2025$4,5005,2796,4692.9 mi
64
KY-423210
Dirt · Power at road
5.6Jun 20, 2025$21,3003,7924,7977.9 mi
61
Show adjustment detail for the top comp
  • Tract size (4.88 ac → 2.05 ac)+2.7%
  • Access (Gravel → Paved)+18.0%

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.