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Allegany County, NY · Sold

NY-300184

2633 County Road 385

$7,400
$11,746/ac · 0.63 ac
Acreage0.63 ac
Price per acre$11,746/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMar 20, 2024
Coordinates42.2640, -78.1220
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

148 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.59 of 0.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,273
$5,599$6,947 · $9,957/ac on 0.63 ac
Asking vs estimate
+18.0%
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 $7,400
Maximum allowable offer
$3,585
$5,690/ac · +30.0% target margin

You need $3,815 off asking to hit this margin.

All-in cost$3,890
Net resale$5,771
Projected profit$1,882
ROI+48.4%
Annualized+69.2%
Break-even resale$6,711/ac
Profit if resale lands off target
-20%
$727
-10%
$1,304
0%
$1,882
+10%
$2,459
+20%
$3,036
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-300112
Gravel · Off grid
0.6Apr 27, 2025$4,5007,4799,7343.3 mi
78
NY-262281
Dirt · Off grid
2.9Jun 13, 2026$17,1005,9528,8023.8 mi
73
NY-941596
Dirt · Power at road
1.8Jul 27, 2026$16,2009,24911,4395.4 mi
73
NY-582103
Gravel · Off grid
2.5Mar 23, 2026$19,0007,5409,64510.6 mi
61
NY-612190
Dirt · Power at road
2.7Oct 27, 2025$18,6006,9018,88610.1 mi
60
NY-830968
Paved · Off grid
1.1Jan 23, 2024$9,1008,1739,51710.8 mi
59
NY-491922
Landlocked · Full utilities
2.2Oct 22, 2024$18,7008,46811,7136.3 mi
59
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (16 mo)+5.5%

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.