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Herkimer County, NY · Sold

NY-151025

1916 County Road 181

$4,000
$3,448/ac · 1.16 ac
Acreage1.16 ac
Price per acre$3,448/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 2, 2024
Coordinates43.5713, -74.7484
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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope18.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

272 ft of deeded road frontage.

Power5,010 ft away

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

Buildable area0.89 of 1.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,390
$4,320$6,461 · $4,647/ac on 1.16 ac
Asking vs estimate
-25.8%
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 $4,000
Maximum allowable offer
$3,080
$2,655/ac · +30.0% target margin

You need $920 off asking to hit this margin.

All-in cost$3,342
Net resale$4,959
Projected profit$1,617
ROI+48.4%
Annualized+69.3%
Break-even resale$3,131/ac
Profit if resale lands off target
-20%
$626
-10%
$1,121
0%
$1,617
+10%
$2,113
+20%
$2,609
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-900967
Dirt · Full utilities
1.1May 28, 2026$8,5007,6245,3585.4 mi
87
NY-551032
Gravel · Off grid
1.2Jul 2, 2026$4,6003,9263,3939.3 mi
85
NY-830633
Landlocked · Off grid
0.9Dec 14, 2025$3,9004,4735,7982.6 mi
79
NY-450536
Dirt · Full utilities
0.8Apr 20, 2026$7,2008,9146,2729.5 mi
77
NY-550420
Landlocked · Full utilities
0.8Nov 6, 2025$3,6004,8534,3973.5 mi
74
NY-801248
Landlocked · Power at road
1.4Apr 23, 2024$5,7004,1994,9633.9 mi
71
NY-602222
Dirt · Off grid
2.8Mar 11, 2026$11,0003,9914,12810.9 mi
70
NY-881523
Gravel · Power at road
1.7Oct 8, 2024$9,2005,5544,3984.6 mi
68
NY-462106
Dirt · Off grid
2.5May 24, 2025$8,9003,5243,7578.7 mi
67
NY-332425
Dirt · Power at road
3.2Dec 17, 2024$12,7003,9693,6832.7 mi
64
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.