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Cattaraugus County, NY · Sold

NY-276676

8488 County Road 235

$381,000
$5,498/ac · 69.30 ac
Acreage69.30 ac
Price per acre$5,498/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMar 1, 2024
Coordinates42.3203, -78.6205
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope4.7%

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 area61.23 of 69.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$343,520
$277,771$409,268 · $4,957/ac on 69.30 ac
Asking vs estimate
+10.9%
Priced above the comp set

Weighted from 9 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 $381,000
Maximum allowable offer
$196,297
$2,833/ac · +30.0% target margin

You need $184,703 off asking to hit this margin.

All-in cost$212,982
Net resale$316,038
Projected profit$103,056
ROI+48.4%
Annualized+69.2%
Break-even resale$3,341/ac
Profit if resale lands off target
-20%
$39,848
-10%
$71,452
0%
$103,056
+10%
$134,660
+20%
$166,263
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-146977
Dirt · Full utilities
86.2Jul 27, 2026$363,3004,2165,16710.6 mi
81
NY-596345
Dirt · Power at road
54.5Apr 5, 2026$124,5002,2843,12512.2 mi
74
NY-808031
Gravel · Off grid
184.9Jul 27, 2026$573,4003,1015,7105.7 mi
74
NY-247717
Gravel · Off grid
147.3Jan 21, 2026$341,4002,3174,0995.7 mi
71
NY-238337
Gravel · Power at road
230.8Nov 6, 2025$540,5002,3414,0174.4 mi
70
NY-158196
Landlocked · Full utilities
208.4Jun 11, 2026$653,6003,1366,1497.7 mi
70
NY-686070
Dirt · Full utilities
44.7Sep 6, 2025$216,9004,8565,35812.7 mi
68
NY-557927
Gravel · Off grid
171.5Sep 21, 2024$472,7002,7565,3577.3 mi
66
NY-894979
Dirt · Full utilities
20.3Jan 5, 2026$122,5006,0455,7988.4 mi
64
Show adjustment detail for the top comp
  • Tract size (86.18 ac → 69.3 ac)+5.2%
  • Access (Dirt → Gravel)+16.3%

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.