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Herkimer County, NY · Sold

NY-919831

5336 County Road 255

$948,000
$1,392/ac · 681 ac
Acreage681 ac
Price per acre$1,392/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedAug 22, 2025
Coordinates43.6702, -74.9472
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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
35
Moderate risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area598.67 of 681.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,129,848
$940,517$1,319,179 · $1,658/ac on 681 ac
Asking vs estimate
-16.1%
Priced below 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 $948,000
Maximum allowable offer
$645,627
$948/ac · +30.0% target margin

You need $302,373 off asking to hit this margin.

All-in cost$700,505
Net resale$1,039,460
Projected profit$338,955
ROI+48.4%
Annualized+69.2%
Break-even resale$1,118/ac
Profit if resale lands off target
-20%
$131,063
-10%
$235,009
0%
$338,955
+10%
$442,901
+20%
$546,847
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-889307
Gravel · Full utilities
466.1Apr 20, 2025$1,037,8002,2271,4247.3 mi
75
NY-988210
Dirt · Power at road
210.5Jul 27, 2026$572,4002,7191,8585.1 mi
69
NY-129388
Gravel · Power at road
494.3May 21, 2024$1,024,2002,0721,7063.2 mi
69
NY-209047
Gravel · Power at road
386.1Mar 30, 2026$1,119,1002,8992,05812.1 mi
69
NY-498303
Gravel · Off grid
225.2Jan 8, 2026$472,9002,1001,5138.5 mi
67
NY-769380
Gravel · Off grid
491.4Mar 29, 2024$1,075,8002,1892,12812.9 mi
62
NY-448552
Dirt · Off grid
269.7Oct 16, 2025$413,5001,5331,36610.6 mi
62
NY-848193
Gravel · Off grid
208.0Feb 11, 2025$414,9001,9951,45912.0 mi
59
NY-848352
Paved · Off grid
233.3Nov 1, 2025$514,6002,2051,37116.6 mi
58
Show adjustment detail for the top comp
  • Tract size (466.08 ac → 681.27 ac)-10.9%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (16 mo)+5.6%

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.