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Herkimer County, NY · Sold

NY-448552

7999 County Road 180

$469,400
$1,740/ac · 270 ac
Acreage270 ac
Price per acre$1,740/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedNov 21, 2024
Coordinates43.5354, -74.8463
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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

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,378 ft of deeded road frontage.

Power6,872 ft away

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

Buildable area219.86 of 269.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$499,175
$417,153$581,196 · $1,851/ac on 270 ac
Asking vs estimate
-6.0%
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 $469,400
Maximum allowable offer
$285,243
$1,058/ac · +30.0% target margin

You need $184,157 off asking to hit this margin.

All-in cost$309,489
Net resale$459,241
Projected profit$149,752
ROI+48.4%
Annualized+69.2%
Break-even resale$1,247/ac
Profit if resale lands off target
-20%
$57,904
-10%
$103,828
0%
$149,752
+10%
$195,676
+20%
$241,600
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-209047
Gravel · Power at road
386.1Mar 30, 2026$1,119,1002,8992,3911.5 mi
83
NY-988210
Dirt · Power at road
210.5Jul 27, 2026$572,4002,7192,1597.7 mi
82
NY-848352
Paved · Off grid
233.3Nov 1, 2025$514,6002,2051,5936.2 mi
78
NY-498303
Gravel · Off grid
225.2Jan 8, 2026$472,9002,1001,7588.5 mi
77
NY-848193
Gravel · Off grid
208.0Feb 11, 2025$414,9001,9951,6953.5 mi
74
NY-537705
Paved · Power at road
146.0Jul 27, 2026$396,7002,7171,4227.8 mi
74
NY-426925
Gravel · Off grid
83.0Jun 30, 2026$289,6003,4892,2085.1 mi
70
NY-647203
Landlocked · Power at road
101.5Jul 27, 2026$199,0001,9601,6238.8 mi
69
NY-889307
Gravel · Full utilities
466.1Apr 20, 2025$1,037,8002,2271,6553.3 mi
68
NY-187526
Dirt · Off grid
128.3Oct 6, 2024$279,1002,1761,9125.3 mi
67
Show adjustment detail for the top comp
  • Tract size (386.07 ac → 269.73 ac)+11.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.6%

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.