Comparable sales & offer analysis
Parcel KY-657840
Madison County, KY · 161 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$497,800
Adjusted value
$475,611
Value range
$370,420–$580,802
Comp $/acre
$2,953/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.7% versus the adjusted value.
Offer position
Max allowable offer
$271,778
Offer $/acre
$1,688/ac
Projected profit
$142,683
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 | 2,181 | 80 |
| KY-698157 | 202.6 | May 21, 2026 | $706,200 | 3,485 | 3,705 | 78 |
| KY-496247 | 50.8 | Mar 30, 2026 | $284,600 | 5,603 | 3,673 | 71 |
| KY-978816 | 326.6 | Feb 24, 2026 | $778,700 | 2,385 | 2,406 | 70 |
| KY-379522 | 544.6 | Jul 26, 2024 | $992,000 | 1,821 | 2,782 | 56 |
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.