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Franklin County, NY · Sold

NY-355722

8281 County Road 367

$175,400
$5,052/ac · 34.72 ac
Acreage34.72 ac
Price per acre$5,052/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJan 17, 2024
Coordinates44.5153, -74.3497
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

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

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,180 ft of deeded road frontage.

Power10,470 ft away

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

Buildable area31.07 of 34.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$117,078
$97,636$136,521 · $3,372/ac on 34.72 ac
Asking vs estimate
+49.8%
Priced above the comp set

Weighted from 10 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 $175,400
Maximum allowable offer
$66,902
$1,927/ac · +30.0% target margin

You need $108,498 off asking to hit this margin.

All-in cost$72,589
Net resale$107,712
Projected profit$35,123
ROI+48.4%
Annualized+69.2%
Break-even resale$2,272/ac
Profit if resale lands off target
-20%
$13,581
-10%
$24,352
0%
$35,123
+10%
$45,895
+20%
$56,666
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-965834
Gravel · Off grid
37.6Jul 27, 2026$133,6003,5493,1038.5 mi
84
NY-386067
Dirt · Off grid
44.6Jul 6, 2025$117,9002,6442,8962.4 mi
84
NY-125983
Landlocked · Off grid
42.0Jul 27, 2026$90,4002,1562,8266.8 mi
83
NY-134782
Dirt · Off grid
17.6Jul 27, 2026$78,6004,4724,0626.6 mi
79
NY-255136
Dirt · Full utilities
22.7May 3, 2026$142,3006,2654,1378.3 mi
77
NY-716181
Gravel · Power at road
48.4Feb 13, 2026$242,6005,0103,9775.0 mi
76
NY-264905
Landlocked · Full utilities
19.2Jul 16, 2026$87,3004,5473,6836.3 mi
75
NY-165447
Paved · Power at road
28.4Jun 25, 2024$147,9005,1983,3978.2 mi
72
NY-225138
Dirt · Full utilities
22.7Jan 17, 2025$108,2004,7603,3125.8 mi
70
NY-417159
Dirt · Power at road
98.3Jul 7, 2026$216,7002,2032,34210.2 mi
70
Show adjustment detail for the top comp
  • Tract size (37.65 ac → 34.72 ac)+1.4%
  • Access (Gravel → Dirt)-14.0%

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.