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Allegany County, NY · Sold

NY-646888

1459 County Road 172

$363,400
$4,498/ac · 80.80 ac
Acreage80.80 ac
Price per acre$4,498/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedDec 26, 2023
Coordinates42.2190, -78.1362
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
7
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,197 ft of deeded road frontage.

Power53 ft away

Power at or near the road.

Buildable area71.85 of 80.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$514,112
$376,701$651,524 · $6,363/ac on 80.80 ac
Asking vs estimate
-29.3%
Priced below the comp set

Weighted from 6 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 $363,400
Maximum allowable offer
$293,778
$3,636/ac · +30.0% target margin

You need $69,622 off asking to hit this margin.

All-in cost$318,749
Net resale$472,983
Projected profit$154,234
ROI+48.4%
Annualized+69.3%
Break-even resale$4,288/ac
Profit if resale lands off target
-20%
$59,638
-10%
$106,936
0%
$154,234
+10%
$201,533
+20%
$248,831
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-357574
Dirt · Power at road
132.8Jan 10, 2026$658,3004,9575,7475.0 mi
77
NY-177375
Dirt · Off grid
115.0Nov 22, 2025$446,6003,8845,13213.0 mi
76
NY-605660
Dirt · Full utilities
33.2Mar 20, 2026$251,5007,5775,2789.7 mi
69
NY-107896
Dirt · Power at road
167.7Jan 15, 2025$627,3003,7414,80110.6 mi
65
NY-157932
Gravel · Full utilities
172.1Dec 17, 2024$1,637,7009,5148,6974.8 mi
63
NY-978477
Paved · Off grid
255.5Nov 5, 2025$1,938,8007,5899,0966.8 mi
62
Show adjustment detail for the top comp
  • Tract size (132.81 ac → 80.8 ac)+13.1%
  • 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.