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Broome County, NY · Sold

NY-377506

1511 County Road 296

$1,269,000
$10,037/ac · 126 ac
Acreage126 ac
Price per acre$10,037/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedSep 14, 2023
Coordinates42.0917, -75.8455
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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

Broome County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Broome market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area114.58 of 126.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,266,929
$1,057,222$1,476,635 · $10,021/ac on 126 ac
Asking vs estimate
+0.2%
In line with the comp set

Weighted from 10 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 $1,269,000
Maximum allowable offer
$723,959
$5,726/ac · +30.0% target margin

You need $545,041 off asking to hit this margin.

All-in cost$785,496
Net resale$1,165,574
Projected profit$380,079
ROI+48.4%
Annualized+69.2%
Break-even resale$6,753/ac
Profit if resale lands off target
-20%
$146,964
-10%
$263,522
0%
$380,079
+10%
$496,636
+20%
$613,194
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-508057
Landlocked · Full utilities
188.4Jun 18, 2026$1,076,2005,71111,1024.0 mi
80
NY-967840
Paved · Power at road
161.0Jan 15, 2026$1,096,8006,8119,0744.0 mi
80
NY-356453
Landlocked · Full utilities
59.0Apr 21, 2026$444,5007,53911,0671.1 mi
76
NY-558411
Dirt · Full utilities
243.5Jul 27, 2026$1,453,4005,9689,8138.3 mi
75
NY-438807
Gravel · Off grid
324.5May 14, 2026$1,712,0005,27611,7358.7 mi
67
NY-658841
Gravel · Power at road
332.6Jan 9, 2026$1,598,0004,8059,2807.5 mi
65
NY-309099
Paved · Off grid
400.9Nov 4, 2025$2,620,8006,53713,40111.1 mi
62
NY-878836
Dirt · Off grid
331.4May 8, 2024$928,2002,8017,9007.6 mi
61
NY-518460
Landlocked · Power at road
252.3Aug 12, 2024$715,3002,8357,8627.9 mi
61
NY-658967
Gravel · Off grid
364.3Jun 14, 2024$1,250,2003,4328,5269.0 mi
60
Show adjustment detail for the top comp
  • Tract size (188.45 ac → 126.43 ac)+11.3%
  • Access (Landlocked → Paved)+73.5%
  • Market time (2 mo)+0.7%

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.