Comparable sales & offer analysis
Parcel KY-657840
Madison County, KY · 161 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$497,800
Adjusted value
$478,169
Value range
$372,456–$583,883
Comp $/acre
$2,969/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.1% versus the adjusted value.
Offer position
Max allowable offer
$273,240
Offer $/acre
$1,697/ac
Projected profit
$143,451
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 | 2,193 | 79 |
| KY-698157 | 202.6 | May 21, 2026 | $706,200 | 3,485 | 3,726 | 77 |
| KY-496247 | 50.8 | Mar 30, 2026 | $284,600 | 5,603 | 3,694 | 70 |
| KY-978816 | 326.6 | Feb 24, 2026 | $778,700 | 2,385 | 2,419 | 69 |
| KY-379522 | 544.6 | Jul 26, 2024 | $992,000 | 1,821 | 2,796 | 55 |
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.