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Wayne County, KY · Sold

KY-674588

5620 County Road 311

$134,600
$8,815/ac · 15.27 ac
Acreage15.27 ac
Price per acre$8,815/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 14, 2024
Coordinates36.8197, -84.8876
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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
28
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

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.

PowerOn site

Power at or near the road.

Buildable area12.10 of 15.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$122,385
$98,010$146,760 · $8,015/ac on 15.27 ac
Asking vs estimate
+10.0%
Priced above 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 $134,600
Maximum allowable offer
$69,934
$4,580/ac · +30.0% target margin

You need $64,666 off asking to hit this margin.

All-in cost$75,878
Net resale$112,594
Projected profit$36,716
ROI+48.4%
Annualized+69.3%
Break-even resale$5,401/ac
Profit if resale lands off target
-20%
$14,197
-10%
$25,457
0%
$36,716
+10%
$47,975
+20%
$59,235
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-154238
Dirt · Full utilities
11.8Jul 27, 2026$89,5007,5518,5811.3 mi
90
KY-934377
Dirt · Power at road
13.1Feb 6, 2026$103,8007,92211,3063.3 mi
80
KY-234039
Dirt · Power at road
10.3Jun 29, 2025$45,0004,3906,2842.9 mi
76
KY-395538
Dirt · Power at road
30.4Jul 5, 2026$141,4004,6517,2702.7 mi
76
KY-245279
Paved · Off grid
25.2Jul 27, 2026$162,6006,4578,3869.8 mi
74
KY-503014
Gravel · Off grid
4.9Jul 27, 2026$25,0005,1166,7705.0 mi
72
KY-173220
Landlocked · Power at road
5.7Jul 27, 2026$25,4004,4847,4716.1 mi
70
KY-515706
Dirt · Off grid
34.3May 22, 2026$101,3002,9505,5647.2 mi
70
KY-103606
Gravel · Power at road
7.5Sep 29, 2024$54,7007,2919,0362.9 mi
67
KY-816026
Paved · Power at road
43.3Oct 21, 2025$319,1007,3749,2002.2 mi
66
Show adjustment detail for the top comp
  • Tract size (11.85 ac → 15.27 ac)-2.5%
  • Access (Dirt → Gravel)+16.3%

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.