Wayne County, KY · Sold

KY-887148

3666 County Road 161

$282,600

$2,897/ac · 97.55 ac

Offer report Market this tract

Acreage97.55 ac

Price per acre$2,897/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedOct 21, 2023

Coordinates36.7307, -84.7491

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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

Low risk

Wetlands11.2% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

996 ft of deeded road frontage.

Power3,190 ft away

Service extension needed; get a utility quote.

Buildable area82.29 of 97.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$360,086

$302,098 – $418,073 · $3,691/ac on 97.55 ac

Asking vs estimate

-21.5%

Priced below 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 $282,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$205,763

$2,109/ac · +30.0% target margin

You need $76,837 off asking to hit this margin.

All-in cost$223,253

Net resale$331,279

Projected profit$108,026

ROI+48.4%

Annualized+69.2%

Break-even resale$2,488/ac

Profit if resale lands off target

-20%

$41,770

-10%

$74,898

$108,026

+10%

$141,154

+20%

$174,282

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-267087 Gravel · Off grid	93.3	Jul 27, 2026	$399,700	4,282	4,246	9.9 mi	87
KY-647333 Paved · Off grid	111.5	Jun 26, 2026	$373,700	3,351	2,953	7.3 mi	83
KY-777352 Paved · Off grid	113.1	Mar 12, 2025	$493,700	4,366	4,069	5.3 mi	75
KY-395538 Dirt · Power at road	30.4	Jul 5, 2026	$141,400	4,651	3,636	7.3 mi	72
KY-696660 Gravel · Off grid	68.5	Feb 9, 2025	$277,900	4,057	3,972	9.0 mi	72
KY-548655 Gravel · Power at road	290.6	Jul 27, 2026	$835,700	2,875	3,290	9.8 mi	70
KY-515706 Dirt · Off grid	34.3	May 22, 2026	$101,300	2,950	2,783	10.5 mi	67
KY-816026 Paved · Power at road	43.3	Oct 21, 2025	$319,100	7,374	4,601	9.4 mi	64

Show adjustment detail for the top comp

Tract size (93.33 ac → 97.55 ac)-1.1%

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.

Build the listing kit Post a deal or JV