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Herkimer County, NY · Sold

NY-572991

5566 County Road 222

$18,100
$3,771/ac · 4.80 ac
Acreage4.80 ac
Price per acre$3,771/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 28, 2024
Coordinates43.6580, -74.9107
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

5 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands38.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,784 ft away

Service extension needed; get a utility quote.

Buildable area2.80 of 4.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,350
$16,882$19,818 · $3,823/ac on 4.80 ac
Asking vs estimate
-1.4%
In line with the comp set

Weighted from 5 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 $18,100
Maximum allowable offer
$10,486
$2,185/ac · +30.0% target margin

You need $7,614 off asking to hit this margin.

All-in cost$11,377
Net resale$16,882
Projected profit$5,505
ROI+48.4%
Annualized+69.2%
Break-even resale$2,576/ac
Profit if resale lands off target
-20%
$2,128
-10%
$3,816
0%
$5,505
+10%
$7,193
+20%
$8,881
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-602222
Dirt · Off grid
2.8Mar 11, 2026$11,0003,9913,98510.9 mi
74
NY-823750
Dirt · Off grid
8.3Jul 17, 2025$29,0003,4833,75511.2 mi
69
NY-332425
Dirt · Power at road
3.2Dec 17, 2024$12,7003,9693,5558.6 mi
69
NY-462106
Dirt · Off grid
2.5May 24, 2025$8,9003,5243,62613.3 mi
66
NY-881523
Gravel · Power at road
1.7Oct 8, 2024$9,2005,5544,2457.4 mi
57
Show adjustment detail for the top comp
  • Tract size (2.75 ac → 4.8 ac)-1.9%
  • Market time (5 mo)+1.8%

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.