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Essex County, NY · Sold

NY-279063

1591 County Road 61

$524,600
$1,343/ac · 391 ac
Acreage391 ac
Price per acre$1,343/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedDec 13, 2024
Coordinates44.0493, -73.7778
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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
36
Moderate risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power92 ft away

Power at or near the road.

Buildable area336.53 of 390.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$723,503
$560,161$886,845 · $1,852/ac on 391 ac
Asking vs estimate
-27.5%
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 $524,600
Maximum allowable offer
$413,430
$1,059/ac · +30.0% target margin

You need $111,170 off asking to hit this margin.

All-in cost$448,572
Net resale$665,623
Projected profit$217,051
ROI+48.4%
Annualized+69.2%
Break-even resale$1,248/ac
Profit if resale lands off target
-20%
$83,927
-10%
$150,489
0%
$217,051
+10%
$283,613
+20%
$350,176
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-308987
Gravel · Full utilities
369.6Jul 27, 2026$1,371,2003,7102,0395.2 mi
89
NY-259239
Landlocked · Power at road
443.7Dec 29, 2025$871,5001,9642,0945.1 mi
83
NY-598926
Gravel · Full utilities
353.7Apr 3, 2026$842,3002,3811,3092.5 mi
83
NY-629188
Paved · Power at road
427.6Sep 14, 2025$874,8002,0461,25810.5 mi
76
NY-318325
Dirt · Power at road
228.8May 19, 2024$785,2003,4312,5426.5 mi
65
NY-667875
Gravel · Full utilities
165.2Jul 9, 2025$695,2004,2091,9205.3 mi
64
NY-727379
Dirt · Power at road
115.3Mar 27, 2025$372,8003,2331,92510.9 mi
58
Show adjustment detail for the top comp
  • Tract size (369.65 ac → 390.57 ac)-1.6%
  • Access (Gravel → Landlocked)-32.0%
  • 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.