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Franklin County, NY · Sold

NY-902909

2031 County Road 159

$17,600
$3,894/ac · 4.52 ac
Acreage4.52 ac
Price per acre$3,894/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 4, 2026
Coordinates44.6829, -74.2403
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

5 items to verify before you offer.

Risk index
58
High risk
Wetlands44.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,032 ft away

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

Buildable area2.37 of 4.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,684
$18,254$29,113 · $5,240/ac on 4.52 ac
Asking vs estimate
-25.7%
Priced below 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 $17,600
Maximum allowable offer
$13,534
$2,994/ac · +30.0% target margin

You need $4,066 off asking to hit this margin.

All-in cost$14,684
Net resale$21,789
Projected profit$7,105
ROI+48.4%
Annualized+69.2%
Break-even resale$3,531/ac
Profit if resale lands off target
-20%
$2,747
-10%
$4,926
0%
$7,105
+10%
$9,283
+20%
$11,462
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-222378
Gravel · Power at road
3.1Jul 27, 2026$19,4006,2995,2937.8 mi
80
NY-662222
Dirt · Power at road
2.8Jul 27, 2026$10,1003,6803,5845.2 mi
77
NY-724395
Gravel · Off grid
13.3Dec 3, 2024$40,8003,0703,5362.1 mi
70
NY-221565
Gravel · Full utilities
1.7Aug 23, 2024$12,6007,3705,4134.4 mi
68
NY-394353
Gravel · Power at road
12.9Nov 14, 2025$79,6006,1775,8067.8 mi
65
NY-991506
Gravel · Full utilities
1.6Mar 23, 2025$10,1006,1614,4204.0 mi
65
NY-741604
Gravel · Power at road
1.8Mar 12, 2024$13,1007,4436,7882.1 mi
64
NY-492128
Paved · Power at road
2.6Oct 14, 2024$19,3007,4965,7098.7 mi
63
NY-911697
Dirt · Power at road
1.9Nov 30, 2024$13,1006,9737,2005.5 mi
61
Show adjustment detail for the top comp
  • Tract size (3.08 ac → 4.52 ac)-1.4%
  • Utilities (Power at road → Off grid)-15.0%

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.