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Herkimer County, NY · Sold

NY-675630

8465 County Road 357

$121,300
$3,735/ac · 32.48 ac
Acreage32.48 ac
Price per acre$3,735/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedDec 31, 2023
Coordinates43.4929, -74.9494
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

2 items to verify before you offer.

Risk index
18
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope10.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power796 ft away

Power at or near the road.

Buildable area29.81 of 32.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$131,851
$105,852$157,851 · $4,059/ac on 32.48 ac
Asking vs estimate
-8.0%
Priced below the comp set

Weighted from 6 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 $121,300
Maximum allowable offer
$75,343
$2,320/ac · +30.0% target margin

You need $45,957 off asking to hit this margin.

All-in cost$81,747
Net resale$121,303
Projected profit$39,556
ROI+48.4%
Annualized+69.3%
Break-even resale$2,736/ac
Profit if resale lands off target
-20%
$15,295
-10%
$27,426
0%
$39,556
+10%
$51,686
+20%
$63,816
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-296073
Gravel · Power at road
44.8Jul 27, 2026$257,1005,7425,1818.5 mi
81
NY-134789
Landlocked · Off grid
17.7Nov 15, 2025$37,2002,1062,9297.8 mi
74
NY-426925
Gravel · Off grid
83.0Jun 30, 2026$289,6003,4894,24110.1 mi
72
NY-647203
Landlocked · Power at road
101.5Jul 27, 2026$199,0001,9603,11613.4 mi
70
NY-815412
Gravel · Off grid
27.7Apr 2, 2024$113,5004,0914,38713.7 mi
70
NY-996588
Gravel · Off grid
65.0Oct 12, 2024$233,4003,5904,4238.7 mi
65
Show adjustment detail for the top comp
  • Tract size (44.77 ac → 32.48 ac)+5.9%
  • Utilities (Power at road → Off grid)-15.0%

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.