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Essex County, NY · Sold

NY-598926

8685 County Road 162

$958,200
$2,709/ac · 354 ac
Acreage354 ac
Price per acre$2,709/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 8, 2025
Coordinates44.0473, -73.8281
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

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

View Essex market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,642 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area315.83 of 353.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,226,116
$965,391$1,486,842 · $3,467/ac on 354 ac
Asking vs estimate
-21.9%
Priced below 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 $958,200
Maximum allowable offer
$700,638
$1,981/ac · +30.0% target margin

You need $257,562 off asking to hit this margin.

All-in cost$760,192
Net resale$1,128,027
Projected profit$367,835
ROI+48.4%
Annualized+69.2%
Break-even resale$2,336/ac
Profit if resale lands off target
-20%
$142,229
-10%
$255,032
0%
$367,835
+10%
$480,638
+20%
$593,440
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-308987
Gravel · Full utilities
369.6Jul 27, 2026$1,371,2003,7103,7677.6 mi
89
NY-259239
Landlocked · Power at road
443.7Dec 29, 2025$871,5001,9643,8702.9 mi
79
NY-279063
Landlocked · Power at road
390.6Aug 15, 2025$522,0001,3362,5732.5 mi
78
NY-667875
Gravel · Full utilities
165.2Jul 9, 2025$695,2004,2093,5473.6 mi
71
NY-629188
Paved · Power at road
427.6Sep 14, 2025$874,8002,0462,32412.3 mi
71
NY-318325
Dirt · Power at road
228.8May 19, 2024$785,2003,4314,6964.0 mi
67
NY-727379
Dirt · Power at road
115.3Mar 27, 2025$372,8003,2333,55811.4 mi
56
Show adjustment detail for the top comp
  • Tract size (369.65 ac → 353.67 ac)+1.3%

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.