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Franklin County, NY · Sold

NY-466628

2603 County Road 248

$343,600
$5,134/ac · 66.93 ac
Acreage66.93 ac
Price per acre$5,134/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJan 15, 2024
Coordinates44.4989, -74.2913
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

3 items to verify before you offer.

Risk index
12
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,231 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area55.83 of 66.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,675
$231,294$328,056 · $4,179/ac on 66.93 ac
Asking vs estimate
+22.9%
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 $343,600
Maximum allowable offer
$159,814
$2,388/ac · +30.0% target margin

You need $183,786 off asking to hit this margin.

All-in cost$173,398
Net resale$257,301
Projected profit$83,903
ROI+48.4%
Annualized+69.3%
Break-even resale$2,816/ac
Profit if resale lands off target
-20%
$32,443
-10%
$58,173
0%
$83,903
+10%
$109,633
+20%
$135,363
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-417159
Dirt · Power at road
98.3Jul 7, 2026$216,7002,2032,9549.6 mi
83
NY-967239
Dirt · Off grid
104.2Mar 18, 2026$232,9002,2353,62111.2 mi
78
NY-716181
Gravel · Power at road
48.4Feb 13, 2026$242,6005,0105,0152.6 mi
77
NY-125983
Landlocked · Off grid
42.0Jul 27, 2026$90,4002,1563,5659.1 mi
76
NY-386067
Dirt · Off grid
44.6Jul 6, 2025$117,9002,6443,6534.5 mi
74
NY-797144
Landlocked · Full utilities
97.3Sep 4, 2025$315,6003,2454,6565.7 mi
73
NY-965834
Gravel · Off grid
37.6Jul 27, 2026$133,6003,5493,9149.7 mi
73
NY-117698
Gravel · Off grid
145.3Jul 27, 2026$464,7003,1984,78313.8 mi
73
NY-264905
Landlocked · Full utilities
19.2Jul 16, 2026$87,3004,5474,6455.1 mi
71
NY-255136
Dirt · Full utilities
22.7May 3, 2026$142,3006,2655,2178.8 mi
70
Show adjustment detail for the top comp
  • Tract size (98.33 ac → 66.93 ac)+9.4%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (1 mo)+0.5%

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.