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Allegany County, NY · Sold

NY-262281

8694 County Road 263

$18,000
$6,272/ac · 2.87 ac
Acreage2.87 ac
Price per acre$6,272/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 20, 2025
Coordinates42.2106, -78.1427
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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

408 ft of deeded road frontage.

Power1,258 ft away

Service extension needed; get a utility quote.

Buildable area2.61 of 2.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,114
$15,725$24,503 · $7,008/ac on 2.87 ac
Asking vs estimate
-10.5%
Priced below the comp set

Weighted from 9 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 $18,000
Maximum allowable offer
$11,494
$4,005/ac · +30.0% target margin

You need $6,506 off asking to hit this margin.

All-in cost$12,471
Net resale$18,505
Projected profit$6,034
ROI+48.4%
Annualized+69.2%
Break-even resale$4,723/ac
Profit if resale lands off target
-20%
$2,333
-10%
$4,183
0%
$6,034
+10%
$7,884
+20%
$9,735
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-612726
Gravel · Power at road
4.0Apr 25, 2026$25,6006,4634,8366.3 mi
82
NY-612190
Dirt · Power at road
2.7Oct 27, 2025$18,6006,9016,0538.7 mi
79
NY-941596
Dirt · Power at road
1.8Jul 27, 2026$16,2009,2497,7928.0 mi
78
NY-582103
Gravel · Off grid
2.5Mar 23, 2026$19,0007,5406,57013.3 mi
77
NY-832740
Dirt · Power at road
4.0Jan 2, 2026$24,1006,0235,3106.0 mi
77
NY-782873
Dirt · Off grid
4.4Apr 21, 2025$39,7008,9939,6313.7 mi
75
NY-502672
Landlocked · Power at road
3.8Dec 24, 2025$29,9007,8368,7309.1 mi
73
NY-491922
Landlocked · Full utilities
2.2Oct 22, 2024$18,7008,4687,97910.0 mi
67
NY-830968
Paved · Off grid
1.1Jan 23, 2024$9,1008,1736,48313.1 mi
55
Show adjustment detail for the top comp
  • Tract size (3.96 ac → 2.87 ac)+1.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.3%

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.