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Dutchess County, NY · Sold

NY-568786

8798 County Road 23

$1,294,400
$4,051/ac · 320 ac
Acreage320 ac
Price per acre$4,051/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedNov 16, 2025
Coordinates41.7781, -73.8461
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

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

View Dutchess market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,597 ft of deeded road frontage.

Power218 ft away

Power at or near the road.

Buildable area301.76 of 319.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,255,084
$923,158$1,587,010 · $3,928/ac on 320 ac
Asking vs estimate
+3.1%
In line with 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 $1,294,400
Maximum allowable offer
$717,191
$2,244/ac · +30.0% target margin

You need $577,209 off asking to hit this margin.

All-in cost$778,152
Net resale$1,154,678
Projected profit$376,525
ROI+48.4%
Annualized+69.2%
Break-even resale$2,647/ac
Profit if resale lands off target
-20%
$145,590
-10%
$261,058
0%
$376,525
+10%
$491,993
+20%
$607,461
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-379039
Dirt · Full utilities
383.8Jul 27, 2026$1,286,9003,3532,9078.4 mi
83
NY-869359
Gravel · Power at road
484.0Jul 27, 2026$1,481,8003,0622,9857.1 mi
79
NY-719671
Dirt · Power at road
606.7Aug 24, 2025$1,701,9002,8053,5382.8 mi
78
NY-668245
Paved · Power at road
215.9Jun 12, 2026$1,336,3006,1884,0609.2 mi
77
NY-799208
Gravel · Off grid
433.8Jan 18, 2024$1,885,5004,3465,3350.4 mi
71
NY-898941
Landlocked · Off grid
357.5Aug 6, 2024$612,1001,7122,8578.9 mi
69
NY-427141
Paved · Off grid
97.0Mar 11, 2025$500,9005,1613,3934.6 mi
64
NY-299640
Gravel · Off grid
593.2Mar 26, 2025$2,430,1004,0965,2788.0 mi
64
NY-117803
Gravel · Power at road
156.8Jan 24, 2024$1,129,8007,2065,6169.4 mi
61
Show adjustment detail for the top comp
  • Tract size (383.84 ac → 319.56 ac)+5.6%
  • Utilities (Full utilities → Power at road)-18.0%

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.