Comparable sales & offer analysis
Parcel KY-496247
Madison County, KY · 50.79 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$298,600
Adjusted value
$249,258
Value range
$202,794–$295,722
Comp $/acre
$4,908/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.8% versus the adjusted value.
Offer position
Max allowable offer
$142,433
Offer $/acre
$2,804/ac
Projected profit
$74,778
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| KY-895796 | 36.6 | Jul 27, 2026 | $235,900 | 6,440 | 6,068 | 83 |
| KY-175773 | 36.0 | Jul 27, 2026 | $119,100 | 3,306 | 4,569 | 83 |
| KY-347402 | 117.3 | Jun 10, 2026 | $324,500 | 2,768 | 3,379 | 78 |
| KY-395857 | 38.3 | Sep 29, 2025 | $151,600 | 3,961 | 4,691 | 77 |
| KY-305955 | 41.1 | May 22, 2025 | $167,200 | 4,067 | 3,914 | 71 |
| KY-135646 | 32.9 | May 7, 2024 | $206,900 | 6,295 | 6,067 | 70 |
| KY-854711 | 16.7 | May 19, 2026 | $139,100 | 8,335 | 5,987 | 68 |
| KY-654883 | 18.9 | Jul 17, 2026 | $78,500 | 4,153 | 4,855 | 68 |
| KY-657840 | 161.0 | Dec 20, 2024 | $457,000 | 2,838 | 4,702 | 63 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.