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Franklin County, NY · Sold

NY-724395

5709 County Road 189

$45,300
$3,411/ac · 13.28 ac
Acreage13.28 ac
Price per acre$3,411/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 24, 2023
Coordinates44.6751, -74.1987
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

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

452 ft of deeded road frontage.

Power1,356 ft away

Service extension needed; get a utility quote.

Buildable area10.75 of 13.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,850
$50,083$69,617 · $4,507/ac on 13.28 ac
Asking vs estimate
-24.3%
Priced below 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 $45,300
Maximum allowable offer
$34,200
$2,575/ac · +30.0% target margin

You need $11,100 off asking to hit this margin.

All-in cost$37,107
Net resale$55,062
Projected profit$17,955
ROI+48.4%
Annualized+69.2%
Break-even resale$3,037/ac
Profit if resale lands off target
-20%
$6,942
-10%
$12,448
0%
$17,955
+10%
$23,461
+20%
$28,967
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-902909
Gravel · Off grid
4.5Jul 27, 2026$16,4003,6213,3762.1 mi
81
NY-394353
Gravel · Power at road
12.9Nov 14, 2025$79,6006,1775,4008.6 mi
81
NY-134782
Dirt · Off grid
17.6Jul 27, 2026$78,6004,4725,37210.0 mi
80
NY-965834
Gravel · Off grid
37.6Jul 27, 2026$133,6003,5494,1046.7 mi
79
NY-264905
Landlocked · Full utilities
19.2Jul 16, 2026$87,3004,5474,8718.0 mi
77
NY-834769
Landlocked · Power at road
17.4Dec 5, 2025$50,0002,8723,8046.7 mi
74
NY-255136
Dirt · Full utilities
22.7May 3, 2026$142,3006,2655,4715.4 mi
74
NY-125983
Landlocked · Off grid
42.0Jul 27, 2026$90,4002,1563,73810.6 mi
73
NY-225138
Dirt · Full utilities
22.7Jan 17, 2025$108,2004,7604,38010.5 mi
63
NY-165447
Paved · Power at road
28.4Jun 25, 2024$147,9005,1984,4939.3 mi
59
Show adjustment detail for the top comp
  • Tract size (4.52 ac → 13.28 ac)-7.0%

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.