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Wayne County, KY · Sold

KY-423210

5904 County Road 321

$21,500
$3,819/ac · 5.63 ac
Acreage5.63 ac
Price per acre$3,819/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMay 22, 2024
Coordinates36.7314, -84.8246
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

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands40.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power234 ft away

Power at or near the road.

Buildable area3.18 of 5.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,761
$27,132$42,390 · $6,174/ac on 5.63 ac
Asking vs estimate
-38.1%
Priced below 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 $21,500
Maximum allowable offer
$19,864
$3,528/ac · +30.0% target margin

You need $1,636 off asking to hit this margin.

All-in cost$21,552
Net resale$31,980
Projected profit$10,428
ROI+48.4%
Annualized+69.2%
Break-even resale$4,161/ac
Profit if resale lands off target
-20%
$4,032
-10%
$7,230
0%
$10,428
+10%
$13,626
+20%
$16,824
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-173220
Landlocked · Power at road
5.7Jul 27, 2026$25,4004,4845,6863.2 mi
94
KY-503014
Gravel · Off grid
4.9Jul 27, 2026$25,0005,1165,1529.8 mi
80
KY-453013
Gravel · Power at road
4.9May 23, 2025$28,9005,9205,31811.0 mi
78
KY-154238
Dirt · Full utilities
11.8Jul 27, 2026$89,5007,5516,5307.5 mi
75
KY-103606
Gravel · Power at road
7.5Sep 29, 2024$54,7007,2916,8776.2 mi
71
KY-862347
Dirt · Power at road
3.0Mar 11, 2025$24,0007,9868,2626.3 mi
70
KY-934377
Dirt · Power at road
13.1Feb 6, 2026$103,8007,9228,60410.3 mi
70
KY-234039
Dirt · Power at road
10.3Jun 29, 2025$45,0004,3904,7829.7 mi
69
KY-201990
Gravel · Power at road
2.3Nov 7, 2024$10,8004,6404,1566.9 mi
67
KY-674588
Gravel · Full utilities
15.3Jul 19, 2025$128,9008,4446,7177.0 mi
62
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%

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.