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Wayne County, KY · Sold

KY-548655

9298 County Road 366

$793,600
$2,731/ac · 291 ac
Acreage291 ac
Price per acre$2,731/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedApr 1, 2026
Coordinates36.7248, -84.9251
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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

5 items to verify before you offer.

Risk index
29
Low risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.3%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power37 ft away

Power at or near the road.

Buildable area237.17 of 290.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$931,640
$794,910$1,068,370 · $3,206/ac on 291 ac
Asking vs estimate
-14.8%
Priced below the comp set

Weighted from 5 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 $793,600
Maximum allowable offer
$532,365
$1,832/ac · +30.0% target margin

You need $261,235 off asking to hit this margin.

All-in cost$577,616
Net resale$857,108
Projected profit$279,492
ROI+48.4%
Annualized+69.2%
Break-even resale$2,160/ac
Profit if resale lands off target
-20%
$108,071
-10%
$193,782
0%
$279,492
+10%
$365,203
+20%
$450,914
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-647333
Paved · Off grid
111.5Jun 26, 2026$373,7003,3512,5862.5 mi
72
KY-267087
Gravel · Off grid
93.3Jul 27, 2026$399,7004,2823,71914.1 mi
67
KY-696660
Gravel · Off grid
68.5Feb 9, 2025$277,9004,0573,4799.8 mi
61
KY-887148
Gravel · Off grid
97.5Jul 26, 2024$280,9002,8802,7409.8 mi
58
KY-777352
Paved · Off grid
113.1Mar 12, 2025$493,7004,3663,56412.2 mi
58
Show adjustment detail for the top comp
  • Tract size (111.54 ac → 290.63 ac)-23.0%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.