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Broome County, NY · Sold

NY-535212

8074 County Road 240

$257,900
$10,746/ac · 24.00 ac
Acreage24.00 ac
Price per acre$10,746/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedApr 21, 2024
Coordinates42.1647, -75.8078
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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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands18.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,104 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area18.67 of 24.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$281,785
$227,084$336,486 · $11,741/ac on 24.00 ac
Asking vs estimate
-8.5%
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 $257,900
Maximum allowable offer
$161,020
$6,709/ac · +30.0% target margin

You need $96,880 off asking to hit this margin.

All-in cost$174,707
Net resale$259,242
Projected profit$84,535
ROI+48.4%
Annualized+69.2%
Break-even resale$7,912/ac
Profit if resale lands off target
-20%
$32,687
-10%
$58,611
0%
$84,535
+10%
$110,460
+20%
$136,384
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-845167
Gravel · Power at road
23.2Oct 23, 2024$281,50012,11815,8372.1 mi
79
NY-924442
Paved · Off grid
13.7Jul 27, 2026$123,2008,96710,2181.8 mi
79
NY-934881
Gravel · Off grid
18.9Jun 26, 2025$118,2006,2609,1181.7 mi
78
NY-474884
Gravel · Power at road
18.9Oct 25, 2024$164,8008,71211,0806.0 mi
72
NY-356453
Landlocked · Full utilities
59.0Apr 21, 2026$444,5007,53913,1826.5 mi
71
NY-363613
Dirt · Power at road
7.5Aug 24, 2024$59,6007,91910,8294.5 mi
58
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (22 mo)+7.6%

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.