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Cayuga County, NY · Sold

NY-588499

2173 County Road 173

$686,500
$2,645/ac · 260 ac
Acreage260 ac
Price per acre$2,645/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedApr 20, 2024
Coordinates43.0531, -76.5391
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

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

View Cayuga market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power174 ft away

Power at or near the road.

Buildable area233.77 of 259.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$859,631
$680,347$1,038,915 · $3,312/ac on 260 ac
Asking vs estimate
-20.1%
Priced below 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 $686,500
Maximum allowable offer
$491,218
$1,892/ac · +30.0% target margin

You need $195,282 off asking to hit this margin.

All-in cost$532,972
Net resale$790,860
Projected profit$257,889
ROI+48.4%
Annualized+69.2%
Break-even resale$2,232/ac
Profit if resale lands off target
-20%
$99,717
-10%
$178,803
0%
$257,889
+10%
$336,975
+20%
$416,061
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-318485
Landlocked · Power at road
256.9Sep 20, 2024$813,5003,1663,4096.4 mi
82
NY-818414
Landlocked · Off grid
244.1Oct 17, 2025$537,0002,2002,6323.7 mi
82
NY-948626
Gravel · Power at road
284.6Nov 20, 2025$1,257,6004,4193,1819.2 mi
78
NY-118810
Paved · Off grid
325.2Feb 28, 2026$1,158,5003,5632,6295.4 mi
78
NY-118833
Paved · Full utilities
330.6Jan 25, 2026$2,554,1007,7254,0063.9 mi
78
NY-297396
Gravel · Off grid
116.8Feb 10, 2026$487,7004,1772,7463.7 mi
75
NY-777264
Paved · Off grid
106.1Jul 27, 2026$703,2006,6283,5371.8 mi
74
NY-247499
Gravel · Off grid
125.8Jan 16, 2026$741,6005,8963,9624.5 mi
70
NY-307305
Gravel · Off grid
109.3Dec 7, 2025$410,2003,7532,4445.3 mi
67
NY-749610
Landlocked · Off grid
580.5Apr 23, 2025$1,745,8003,0074,7404.3 mi
67
Show adjustment detail for the top comp
  • Market time (23 mo)+8.0%

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.