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Whitley County, KY · Sold

KY-404663

457 County Road 223

$87,900
$5,453/ac · 16.12 ac
Acreage16.12 ac
Price per acre$5,453/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedFeb 9, 2025
Coordinates36.7539, -84.1668
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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

Whitley County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Whitley market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

683 ft of deeded road frontage.

Power76 ft away

Power at or near the road.

Buildable area12.94 of 16.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$118,969
$90,737$147,201 · $7,380/ac on 16.12 ac
Asking vs estimate
-26.1%
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 $87,900
Maximum allowable offer
$67,982
$4,217/ac · +30.0% target margin

You need $19,918 off asking to hit this margin.

All-in cost$73,760
Net resale$109,451
Projected profit$35,691
ROI+48.4%
Annualized+69.3%
Break-even resale$4,974/ac
Profit if resale lands off target
-20%
$13,801
-10%
$24,746
0%
$35,691
+10%
$46,636
+20%
$57,581
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-106239
Gravel · Power at road
50.5Apr 6, 2026$418,8008,29410,0615.3 mi
76
KY-302804
Gravel · Power at road
4.2Jul 27, 2026$25,9006,1875,6357.2 mi
71
KY-662851
Paved · Power at road
4.3Jul 27, 2026$41,5009,5627,3904.1 mi
71
KY-766584
Landlocked · Power at road
64.8Nov 6, 2025$287,5004,4358,4816.2 mi
67
KY-865853
Dirt · Power at road
38.2Jan 29, 2024$215,3005,6398,2262.8 mi
67
KY-983015
Dirt · Off grid
4.9Apr 12, 2026$17,0003,4784,4155.6 mi
66
KY-105943
Dirt · Full utilities
40.8Apr 24, 2025$252,9006,2077,1574.6 mi
63
Show adjustment detail for the top comp
  • Tract size (50.49 ac → 16.12 ac)+19.5%
  • Market time (4 mo)+1.5%

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.