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Cattaraugus County, NY · Sold

NY-999785

3341 County Road 251

$1,208,200
$1,834/ac · 659 ac
Acreage659 ac
Price per acre$1,834/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedApr 25, 2026
Coordinates42.2217, -78.6079
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

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

View Cattaraugus market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
56
High risk
Wetlands38.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,162 ft away

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

Buildable area383.73 of 658.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,571,827
$1,245,850$1,897,804 · $2,385/ac on 659 ac
Asking vs estimate
-23.1%
Priced below 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 $1,208,200
Maximum allowable offer
$898,187
$1,363/ac · +30.0% target margin

You need $310,013 off asking to hit this margin.

All-in cost$974,533
Net resale$1,446,081
Projected profit$471,548
ROI+48.4%
Annualized+69.2%
Break-even resale$1,608/ac
Profit if resale lands off target
-20%
$182,332
-10%
$326,940
0%
$471,548
+10%
$616,156
+20%
$760,764
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-359846
Paved · Power at road
688.7Jul 27, 2026$2,104,9003,0562,6395.0 mi
88
NY-209014
Landlocked · Off grid
376.9Oct 27, 2025$438,9001,1641,7655.0 mi
77
NY-559877
Dirt · Power at road
704.4Jul 24, 2024$1,611,1002,2872,9584.1 mi
73
NY-158196
Landlocked · Full utilities
208.4Jun 11, 2026$653,6003,1362,7209.0 mi
70
NY-238337
Gravel · Power at road
230.8Nov 6, 2025$540,5002,3411,7772.5 mi
66
Show adjustment detail for the top comp
  • Tract size (688.72 ac → 658.94 ac)+1.4%
  • Utilities (Power at road → Off grid)-15.0%

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.