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Allegany County, NY · Sold

NY-574085

437 County Road 62

$56,800
$5,353/ac · 10.61 ac
Acreage10.61 ac
Price per acre$5,353/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedAug 5, 2025
Coordinates42.1533, -78.1014
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
15
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power195 ft away

Power at or near the road.

Buildable area9.92 of 10.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$84,570
$66,109$103,031 · $7,971/ac on 10.61 ac
Asking vs estimate
-32.8%
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 $56,800
Maximum allowable offer
$48,326
$4,555/ac · +30.0% target margin

You need $8,474 off asking to hit this margin.

All-in cost$52,434
Net resale$77,804
Projected profit$25,371
ROI+48.4%
Annualized+69.2%
Break-even resale$5,372/ac
Profit if resale lands off target
-20%
$9,810
-10%
$17,590
0%
$25,371
+10%
$33,151
+20%
$40,932
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-324630
Gravel · Power at road
15.7Aug 2, 2025$155,0009,8479,1802.0 mi
76
NY-612726
Gravel · Power at road
4.0Apr 25, 2026$25,6006,4635,3177.3 mi
74
NY-832740
Dirt · Power at road
4.0Jan 2, 2026$24,1006,0235,8384.5 mi
71
NY-605660
Dirt · Full utilities
33.2Mar 20, 2026$251,5007,5777,27710.4 mi
70
NY-774961
Dirt · Power at road
20.0Mar 10, 2025$133,2006,6557,5428.4 mi
68
NY-782873
Dirt · Off grid
4.4Apr 21, 2025$39,7008,99310,5894.8 mi
66
NY-502672
Landlocked · Power at road
3.8Dec 24, 2025$29,9007,8369,5988.2 mi
65
NY-114578
Paved · Off grid
15.2Dec 20, 2023$136,1008,9808,8558.0 mi
64
Show adjustment detail for the top comp
  • Tract size (15.74 ac → 10.61 ac)+3.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (12 mo)+4.4%

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.