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Chenango County, NY · Sold

NY-184264

3532 County Road 397

$124,500
$10,315/ac · 12.07 ac
Acreage12.07 ac
Price per acre$10,315/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedDec 17, 2025
Coordinates42.4416, -75.5253
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
23
Low risk
Wetlands19.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

692 ft of deeded road frontage.

Power3,680 ft away

Service extension needed; get a utility quote.

Buildable area9.20 of 12.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$93,298
$81,124$105,471 · $7,730/ac on 12.07 ac
Asking vs estimate
+33.4%
Priced above the comp set

Weighted from 7 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 $124,500
Maximum allowable offer
$53,313
$4,417/ac · +30.0% target margin

You need $71,187 off asking to hit this margin.

All-in cost$57,845
Net resale$85,834
Projected profit$27,990
ROI+48.4%
Annualized+69.3%
Break-even resale$5,209/ac
Profit if resale lands off target
-20%
$10,823
-10%
$19,406
0%
$27,990
+10%
$36,573
+20%
$45,156
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-764278
Paved · Full utilities
12.2Dec 26, 2025$161,80013,2659,4984.3 mi
84
NY-155390
Dirt · Full utilities
27.3Jun 18, 2026$208,1007,6238,0989.1 mi
74
NY-742949
Landlocked · Power at road
4.7Jun 1, 2026$24,5005,2637,3590.7 mi
73
NY-462419
Gravel · Off grid
3.2Jul 27, 2026$23,6007,4548,1705.7 mi
69
NY-946536
Gravel · Off grid
62.6Sep 20, 2025$259,4004,1436,5314.2 mi
66
NY-746420
Gravel · Power at road
57.6Nov 8, 2024$302,7005,2587,1643.7 mi
60
NY-832123
Gravel · Full utilities
2.6Jun 30, 2025$21,1008,2256,5249.8 mi
55
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (8 mo)+2.7%

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.