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Wayne County, KY · Sold

KY-647333

3449 County Road 62

$377,500
$3,384/ac · 112 ac
Acreage112 ac
Price per acre$3,384/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedNov 11, 2025
Coordinates36.7329, -84.8806
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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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,000 ft away

A long utility run — price in solar/off-grid instead.

Buildable area95.26 of 111.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$476,482
$399,712$553,253 · $4,272/ac on 112 ac
Asking vs estimate
-20.8%
Priced below the comp set

Weighted from 7 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 $377,500
Maximum allowable offer
$272,276
$2,441/ac · +30.0% target margin

You need $105,224 off asking to hit this margin.

All-in cost$295,419
Net resale$438,364
Projected profit$142,944
ROI+48.4%
Annualized+69.2%
Break-even resale$2,879/ac
Profit if resale lands off target
-20%
$55,272
-10%
$99,108
0%
$142,944
+10%
$186,781
+20%
$230,617
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-777352
Paved · Off grid
113.1Mar 12, 2025$493,7004,3664,6449.8 mi
82
KY-267087
Gravel · Off grid
93.3Jul 27, 2026$399,7004,2824,84612.1 mi
80
KY-548655
Gravel · Power at road
290.6Jul 27, 2026$835,7002,8753,7552.5 mi
73
KY-887148
Gravel · Off grid
97.5Jul 26, 2024$280,9002,8803,5707.3 mi
72
KY-696660
Gravel · Off grid
68.5Feb 9, 2025$277,9004,0574,5338.2 mi
67
KY-816026
Paved · Power at road
43.3Oct 21, 2025$319,1007,3745,2517.3 mi
67
KY-515706
Dirt · Off grid
34.3May 22, 2026$101,3002,9503,17611.6 mi
66
Show adjustment detail for the top comp
  • Market time (17 mo)+6.0%

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.