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Allegany County, NY · Sold

NY-300112

5747 County Road 98

$5,400
$9,000/ac · 0.60 ac
Acreage0.60 ac
Price per acre$9,000/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedAug 11, 2024
Coordinates42.2630, -78.0576
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Allegany County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Allegany market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

104 ft of deeded road frontage.

Power10,204 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.48 of 0.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,142
$4,330$5,954 · $8,571/ac on 0.60 ac
Asking vs estimate
+5.0%
Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $5,400
Maximum allowable offer
$2,938
$4,897/ac · +30.0% target margin

You need $2,462 off asking to hit this margin.

All-in cost$3,188
Net resale$4,731
Projected profit$1,543
ROI+48.4%
Annualized+69.3%
Break-even resale$5,775/ac
Profit if resale lands off target
-20%
$597
-10%
$1,070
0%
$1,543
+10%
$2,016
+20%
$2,489
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-300184
Dirt · Full utilities
0.6Apr 5, 2024$7,80012,31010,9663.3 mi
74
NY-941596
Dirt · Power at road
1.8Jul 27, 2026$16,2009,2499,2702.4 mi
72
NY-582103
Gravel · Off grid
2.5Mar 23, 2026$19,0007,5407,8167.7 mi
67
NY-262281
Dirt · Off grid
2.9Jun 13, 2026$17,1005,9527,1335.7 mi
66
NY-830968
Paved · Off grid
1.1Jan 23, 2024$9,1008,1737,7137.6 mi
62
NY-612190
Dirt · Power at road
2.7Oct 27, 2025$18,6006,9017,2018.2 mi
58
NY-491922
Landlocked · Full utilities
2.2Oct 22, 2024$18,7008,4689,4925.5 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (28 mo)+9.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.