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Cattaraugus County, NY · Sold

NY-808031

5917 County Road 388

$621,900
$3,363/ac · 185 ac
Acreage185 ac
Price per acre$3,363/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJun 10, 2026
Coordinates42.2825, -78.7189
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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

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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,070 ft of deeded road frontage.

Power14,362 ft away

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

Buildable area153.37 of 184.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$479,545
$379,533$579,557 · $2,593/ac on 185 ac
Asking vs estimate
+29.7%
Priced above 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 $621,900
Maximum allowable offer
$274,026
$1,482/ac · +30.0% target margin

You need $347,874 off asking to hit this margin.

All-in cost$297,318
Net resale$441,181
Projected profit$143,863
ROI+48.4%
Annualized+69.2%
Break-even resale$1,748/ac
Profit if resale lands off target
-20%
$55,627
-10%
$99,745
0%
$143,863
+10%
$187,981
+20%
$232,099
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-158196
Landlocked · Full utilities
208.4Jun 11, 2026$653,6003,1363,3462.2 mi
85
NY-247717
Gravel · Off grid
147.3Jan 21, 2026$341,4002,3172,2318.3 mi
80
NY-238337
Gravel · Power at road
230.8Nov 6, 2025$540,5002,3412,1866.2 mi
78
NY-557927
Gravel · Off grid
171.5Sep 21, 2024$472,7002,7562,9159.1 mi
75
NY-146977
Dirt · Full utilities
86.2Jul 27, 2026$363,3004,2162,8117.0 mi
73
NY-209014
Landlocked · Off grid
376.9Oct 27, 2025$438,9001,1642,1719.8 mi
67
NY-276676
Gravel · Full utilities
69.3Dec 2, 2024$384,4005,5473,2355.7 mi
63
NY-596345
Dirt · Power at road
54.5Apr 5, 2026$124,5002,2841,70010.7 mi
62
Show adjustment detail for the top comp
  • Tract size (208.42 ac → 184.93 ac)+3.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.