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Chenango County, NY · Sold

NY-462419

5235 County Road 297

$21,900
$6,909/ac · 3.17 ac
Acreage3.17 ac
Price per acre$6,909/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedSep 7, 2025
Coordinates42.4969, -75.6084
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

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope27.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,904 ft away

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

Buildable area1.78 of 3.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,512
$21,440$35,583 · $8,994/ac on 3.17 ac
Asking vs estimate
-23.2%
Priced below 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 $21,900
Maximum allowable offer
$16,292
$5,140/ac · +30.0% target margin

You need $5,608 off asking to hit this margin.

All-in cost$17,677
Net resale$26,231
Projected profit$8,554
ROI+48.4%
Annualized+69.3%
Break-even resale$6,061/ac
Profit if resale lands off target
-20%
$3,308
-10%
$5,931
0%
$8,554
+10%
$11,177
+20%
$13,800
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-742949
Landlocked · Power at road
4.7Jun 1, 2026$24,5005,2636,7305.6 mi
82
NY-832123
Gravel · Full utilities
2.6Jun 30, 2025$21,1008,2255,9664.1 mi
81
NY-221835
Dirt · Full utilities
2.1Jul 10, 2024$22,10010,6039,2483.0 mi
73
NY-641744
Dirt · Off grid
1.9Aug 11, 2024$13,3006,8268,5064.7 mi
72
NY-921240
Paved · Power at road
1.4Sep 27, 2025$15,30011,3668,3396.0 mi
70
NY-611452
Paved · Off grid
1.6Jul 29, 2024$17,50011,17710,1253.9 mi
66
NY-461472
Paved · Full utilities
1.6Jun 10, 2024$29,50018,44411,7056.6 mi
62
NY-640931
Dirt · Power at road
1.1Jan 3, 2025$13,80012,74413,1734.1 mi
61
Show adjustment detail for the top comp
  • Tract size (4.66 ac → 3.17 ac)+1.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.9%

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.