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Allegany County, NY · Sold

NY-114578

8017 County Road 60

$159,600
$10,528/ac · 15.16 ac
Acreage15.16 ac
Price per acre$10,528/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedNov 19, 2023
Coordinates42.2694, -78.0960
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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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope15.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

511 ft of deeded road frontage.

Power12,724 ft away

A long utility run — price in solar/off-grid instead.

Buildable area11.72 of 15.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$133,870
$100,228$167,512 · $8,830/ac on 15.16 ac
Asking vs estimate
+19.2%
Priced above the comp set

Weighted from 5 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 $159,600
Maximum allowable offer
$76,497
$5,046/ac · +30.0% target margin

You need $83,103 off asking to hit this margin.

All-in cost$82,999
Net resale$123,160
Projected profit$40,161
ROI+48.4%
Annualized+69.3%
Break-even resale$5,951/ac
Profit if resale lands off target
-20%
$15,529
-10%
$27,845
0%
$40,161
+10%
$52,477
+20%
$64,793
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-324630
Gravel · Power at road
15.7Aug 2, 2025$155,0009,84710,3497.8 mi
76
NY-774961
Dirt · Power at road
20.0Mar 10, 2025$133,2006,6558,5020.4 mi
74
NY-574085
Dirt · Power at road
10.6Dec 28, 2025$48,5004,5725,2908.0 mi
72
NY-605660
Dirt · Full utilities
33.2Mar 20, 2026$251,5007,5778,2037.3 mi
69
NY-782873
Dirt · Off grid
4.4Apr 21, 2025$39,7008,99311,9373.7 mi
67
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.