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Allegany County, NY · Sold

NY-598860

4705 County Road 21

$1,795,400
$5,325/ac · 337 ac
Acreage337 ac
Price per acre$5,325/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJul 18, 2024
Coordinates42.2459, -77.9625
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
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,652 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area282.19 of 337.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,119,145
$1,525,784$2,712,505 · $6,285/ac on 337 ac
Asking vs estimate
-15.3%
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 $1,795,400
Maximum allowable offer
$1,210,940
$3,592/ac · +30.0% target margin

You need $584,460 off asking to hit this margin.

All-in cost$1,313,870
Net resale$1,949,613
Projected profit$635,743
ROI+48.4%
Annualized+69.2%
Break-even resale$4,236/ac
Profit if resale lands off target
-20%
$245,821
-10%
$440,782
0%
$635,743
+10%
$830,704
+20%
$1,025,666
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-109771
Gravel · Off grid
652.3Jul 27, 2026$1,650,7002,5314,4391.0 mi
81
NY-178717
Gravel · Off grid
304.0Apr 23, 2025$1,749,8005,7568,4582.8 mi
79
NY-978477
Paved · Off grid
255.5Nov 5, 2025$1,938,8007,5898,7955.8 mi
74
NY-479990
Gravel · Power at road
764.4Jan 29, 2026$2,286,4002,9914,7788.8 mi
69
NY-177375
Dirt · Off grid
115.0Nov 22, 2025$446,6003,8844,9626.3 mi
68
NY-357574
Dirt · Power at road
132.8Jan 10, 2026$658,3004,9575,5565.1 mi
67
NY-157932
Gravel · Full utilities
172.1Dec 17, 2024$1,637,7009,5148,4088.8 mi
66
NY-107896
Dirt · Power at road
167.7Jan 15, 2025$627,3003,7414,6423.3 mi
65
Show adjustment detail for the top comp
  • Tract size (652.3 ac → 337.16 ac)+21.9%
  • Utilities (Off grid → Full utilities)+43.5%

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.