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Chenango County, NY · Sold

NY-921240

2897 County Road 367

$14,600
$10,815/ac · 1.35 ac
Acreage1.35 ac
Price per acre$10,815/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedAug 1, 2024
Coordinates42.4279, -75.5362
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

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

View Chenango market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope21.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

186 ft of deeded road frontage.

Power247 ft away

Power at or near the road.

Buildable area0.75 of 1.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,250
$13,098$21,403 · $12,778/ac on 1.35 ac
Asking vs estimate
-15.4%
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 $14,600
Maximum allowable offer
$9,857
$7,302/ac · +30.0% target margin

You need $4,743 off asking to hit this margin.

All-in cost$10,695
Net resale$15,870
Projected profit$5,176
ROI+48.4%
Annualized+69.3%
Break-even resale$8,611/ac
Profit if resale lands off target
-20%
$2,001
-10%
$3,588
0%
$5,176
+10%
$6,763
+20%
$8,350
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-462419
Gravel · Off grid
3.2Jul 27, 2026$23,6007,45410,5606.0 mi
77
NY-742949
Landlocked · Power at road
4.7Jun 1, 2026$24,5005,2639,5121.8 mi
76
NY-221835
Dirt · Full utilities
2.1Jul 10, 2024$22,10010,60313,0733.0 mi
72
NY-611452
Paved · Off grid
1.6Jul 29, 2024$17,50011,17714,3129.4 mi
72
NY-461472
Paved · Full utilities
1.6Jun 10, 2024$29,50018,44416,5458.5 mi
71
NY-640931
Dirt · Power at road
1.1Jan 3, 2025$13,80012,74418,6209.3 mi
71
NY-770444
Landlocked · Full utilities
0.8Dec 30, 2024$5,2006,90410,4274.5 mi
70
NY-832123
Gravel · Full utilities
2.6Jun 30, 2025$21,1008,2258,43310.1 mi
68
NY-641744
Dirt · Off grid
1.9Aug 11, 2024$13,3006,82612,02310.7 mi
68
NY-460337
Gravel · Full utilities
0.7Jun 2, 2025$10,10014,46314,5976.7 mi
66
Show adjustment detail for the top comp
  • Tract size (3.17 ac → 1.35 ac)+1.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.