Comparable sales & offer analysis
Parcel KY-698157
Madison County, KY · 203 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$688,300
Adjusted value
$531,317
Value range
$446,802–$615,832
Comp $/acre
$2,622/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.5% versus the adjusted value.
Offer position
Max allowable offer
$303,610
Offer $/acre
$1,498/ac
Projected profit
$159,395
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-347402 | 117.3 | Jun 10, 2026 | $324,500 | 2,768 | 2,083 | 79 |
| KY-978816 | 326.6 | Feb 24, 2026 | $778,700 | 2,385 | 2,298 | 78 |
| KY-559845 | 688.2 | Jul 21, 2026 | $1,578,300 | 2,293 | 3,357 | 69 |
| KY-657840 | 161.0 | Dec 20, 2024 | $457,000 | 2,838 | 2,898 | 68 |
| KY-139602 | 577.1 | Mar 18, 2025 | $1,195,300 | 2,071 | 2,571 | 67 |
| KY-379522 | 544.6 | Jul 26, 2024 | $992,000 | 1,821 | 2,657 | 62 |
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.