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Herkimer County, NY · Sold

NY-450536

7988 County Road 241

$7,100
$8,765/ac · 0.81 ac
Acreage0.81 ac
Price per acre$8,765/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedMar 25, 2025
Coordinates43.5061, -74.9159
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

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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands16.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.65 of 0.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,220
$4,334$6,106 · $6,445/ac on 0.81 ac
Asking vs estimate
+36.0%
Priced above 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 $7,100
Maximum allowable offer
$2,983
$3,683/ac · +30.0% target margin

You need $4,117 off asking to hit this margin.

All-in cost$3,237
Net resale$4,803
Projected profit$1,566
ROI+48.4%
Annualized+69.2%
Break-even resale$4,343/ac
Profit if resale lands off target
-20%
$605
-10%
$1,086
0%
$1,566
+10%
$2,046
+20%
$2,526
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-900967
Dirt · Full utilities
1.1May 28, 2026$8,5007,6247,7184.9 mi
83
NY-550420
Landlocked · Full utilities
0.8Nov 6, 2025$3,6004,8536,33312.1 mi
81
NY-551032
Gravel · Off grid
1.2Jul 2, 2026$4,6003,9264,8884.6 mi
80
NY-830633
Landlocked · Off grid
0.9Dec 14, 2025$3,9004,4738,3529.6 mi
76
NY-602222
Dirt · Off grid
2.8Mar 11, 2026$11,0003,9915,9471.4 mi
71
NY-151025
Dirt · Off grid
1.2Jul 26, 2024$4,2003,5935,6239.5 mi
67
NY-462106
Dirt · Off grid
2.5May 24, 2025$8,9003,5245,4124.0 mi
64
NY-801248
Landlocked · Power at road
1.4Apr 23, 2024$5,7004,1997,1497.4 mi
62
NY-881523
Gravel · Power at road
1.7Oct 8, 2024$9,2005,5546,33511.7 mi
59
Show adjustment detail for the top comp
  • Market time (3 mo)+0.9%

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.