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Allegany County, NY · Sold

NY-177375

7516 County Road 209

$534,800
$4,651/ac · 115 ac
Acreage115 ac
Price per acre$4,651/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJul 8, 2025
Coordinates42.3349, -77.9352
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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,931 ft of deeded road frontage.

Power852 ft away

Service extension needed; get a utility quote.

Buildable area102.57 of 114.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$584,707
$425,136$744,277 · $5,085/ac on 115 ac
Asking vs estimate
-8.5%
Priced below the comp set

Weighted from 8 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 $534,800
Maximum allowable offer
$334,118
$2,906/ac · +30.0% target margin

You need $200,682 off asking to hit this margin.

All-in cost$362,518
Net resale$537,930
Projected profit$175,412
ROI+48.4%
Annualized+69.2%
Break-even resale$3,427/ac
Profit if resale lands off target
-20%
$67,826
-10%
$121,619
0%
$175,412
+10%
$229,205
+20%
$282,998
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-357574
Dirt · Power at road
132.8Jan 10, 2026$658,3004,9574,48210.7 mi
78
NY-646888
Dirt · Power at road
80.8Jul 26, 2024$387,4004,7944,06213.0 mi
70
NY-107896
Dirt · Power at road
167.7Jan 15, 2025$627,3003,7413,7459.0 mi
69
NY-978477
Paved · Off grid
255.5Nov 5, 2025$1,938,8007,5897,0946.6 mi
68
NY-605660
Dirt · Full utilities
33.2Mar 20, 2026$251,5007,5774,1165.5 mi
68
NY-157932
Gravel · Full utilities
172.1Dec 17, 2024$1,637,7009,5146,78310.2 mi
65
NY-178717
Gravel · Off grid
304.0Apr 23, 2025$1,749,8005,7566,8224.5 mi
64
NY-598860
Gravel · Full utilities
337.2Feb 5, 2025$1,492,0004,4253,7986.3 mi
64
Show adjustment detail for the top comp
  • Tract size (132.81 ac → 114.98 ac)+3.8%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.5%

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.