Comparable sales & offer analysis
Parcel KY-901038
Madison County, KY · 1.17 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,300
Adjusted value
$7,597
Value range
$6,042–$9,153
Comp $/acre
$6,493/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.4% versus the adjusted value.
Offer position
Max allowable offer
$4,341
Offer $/acre
$3,710/ac
Projected profit
$2,279
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-950445 | 0.8 | Jul 27, 2026 | $2,700 | 3,608 | 4,187 | 80 |
| KY-960512 | 0.8 | Apr 14, 2025 | $5,200 | 6,527 | 7,986 | 77 |
| KY-702355 | 3.0 | Jul 27, 2026 | $13,900 | 4,600 | 5,525 | 77 |
| KY-942288 | 2.9 | Feb 22, 2025 | $17,000 | 5,892 | 7,403 | 71 |
| KY-270322 | 0.7 | Aug 3, 2024 | $4,000 | 5,777 | 7,341 | 69 |
| KY-272701 | 3.9 | Aug 25, 2024 | $23,700 | 6,100 | 6,785 | 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.