Comparable sales & offer analysis
Parcel KY-272701
Madison County, KY · 3.89 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,900
Adjusted value
$25,633
Value range
$19,929–$31,336
Comp $/acre
$6,589/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$14,647
Offer $/acre
$3,765/ac
Projected profit
$7,690
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-702355 | 3.0 | Jul 27, 2026 | $13,900 | 4,600 | 5,409 | 84 |
| KY-901038 | 1.2 | Jul 27, 2026 | $7,900 | 6,717 | 6,590 | 79 |
| KY-973023 | 4.9 | Jun 27, 2024 | $24,300 | 4,947 | 6,435 | 79 |
| KY-942288 | 2.9 | Feb 22, 2025 | $17,000 | 5,892 | 7,245 | 78 |
| KY-542903 | 4.5 | Feb 9, 2026 | $14,900 | 3,318 | 5,930 | 78 |
| KY-632861 | 4.4 | May 14, 2025 | $22,700 | 5,185 | 5,254 | 76 |
| KY-463542 | 7.2 | Jul 27, 2026 | $57,900 | 8,083 | 9,871 | 75 |
| KY-633877 | 9.1 | Jul 27, 2026 | $38,200 | 4,183 | 5,193 | 73 |
| KY-853260 | 5.8 | Jan 3, 2025 | $29,700 | 5,093 | 5,565 | 71 |
| KY-143204 | 5.6 | Sep 13, 2025 | $33,300 | 5,952 | 8,639 | 69 |
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.