Herkimer County, NY · Sold

NY-187526

1435 County Road 315

$291,900

$2,276/ac · 128 ac

Offer report Market this tract

Acreage128 ac

Price per acre$2,276/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedJan 23, 2024

Coordinates43.5204, -74.9507

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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

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

View Herkimer market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,070 ft of deeded road frontage.

Power7,810 ft away

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

Buildable area118.69 of 128.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$299,844

$237,857 – $361,831 · $2,338/ac on 128 ac

Asking vs estimate

-2.6%

In line with 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 $291,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$171,339

$1,336/ac · +30.0% target margin

You need $120,561 off asking to hit this margin.

All-in cost$185,903

Net resale$275,856

Projected profit$89,954

ROI+48.4%

Annualized+69.3%

Break-even resale$1,575/ac

Profit if resale lands off target

-20%

$34,782

-10%

$62,368

$89,954

+10%

$117,539

+20%

$145,125

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NY-988210 Dirt · Power at road	210.5	Jul 27, 2026	$572,400	2,719	2,648	10.1 mi	82
NY-426925 Gravel · Off grid	83.0	Jun 30, 2026	$289,600	3,489	2,709	10.1 mi	81
NY-537705 Paved · Power at road	146.0	Jul 27, 2026	$396,700	2,717	1,745	11.6 mi	80
NY-647203 Landlocked · Power at road	101.5	Jul 27, 2026	$199,000	1,960	1,990	11.8 mi	78
NY-848352 Paved · Off grid	233.3	Nov 1, 2025	$514,600	2,205	1,954	10.3 mi	73
NY-448552 Dirt · Off grid	269.7	Oct 16, 2025	$413,500	1,533	1,946	5.3 mi	72
NY-848193 Gravel · Off grid	208.0	Feb 11, 2025	$414,900	1,995	2,079	3.0 mi	71
NY-498303 Gravel · Off grid	225.2	Jan 8, 2026	$472,900	2,100	2,157	12.3 mi	70
NY-296073 Gravel · Power at road	44.8	Jul 27, 2026	$257,100	5,742	3,309	9.1 mi	68
NY-209047 Gravel · Power at road	386.1	Mar 30, 2026	$1,119,100	2,899	2,933	5.5 mi	67

Show adjustment detail for the top comp

Tract size (210.54 ac → 128.27 ac)+14.3%
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.

Build the listing kit Post a deal or JV