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Herkimer County, NY · Sold

NY-209047

9346 County Road 57

$1,059,800
$2,745/ac · 386 ac
Acreage386 ac
Price per acre$2,745/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 5, 2025
Coordinates43.5135, -74.8406
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
30
Moderate risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope23.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power37 ft away

Power at or near the road.

Buildable area223.53 of 386.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$855,204
$712,470$997,937 · $2,215/ac on 386 ac
Asking vs estimate
+23.9%
Priced above 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 $1,059,800
Maximum allowable offer
$488,688
$1,266/ac · +30.0% target margin

You need $571,112 off asking to hit this margin.

All-in cost$530,226
Net resale$786,787
Projected profit$256,561
ROI+48.4%
Annualized+69.2%
Break-even resale$1,493/ac
Profit if resale lands off target
-20%
$99,203
-10%
$177,882
0%
$256,561
+10%
$335,240
+20%
$413,918
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-448552
Dirt · Off grid
269.7Oct 16, 2025$413,5001,5331,9541.5 mi
80
NY-889307
Gravel · Full utilities
466.1Apr 20, 2025$1,037,8002,2272,0384.8 mi
76
NY-988210
Dirt · Power at road
210.5Jul 27, 2026$572,4002,7192,6599.2 mi
75
NY-769380
Gravel · Off grid
491.4Mar 29, 2024$1,075,8002,1893,0452.7 mi
73
NY-498303
Gravel · Off grid
225.2Jan 8, 2026$472,9002,1002,1669.8 mi
72
NY-848352
Paved · Off grid
233.3Nov 1, 2025$514,6002,2051,9625.0 mi
72
NY-129388
Gravel · Power at road
494.3May 21, 2024$1,024,2002,0722,4419.0 mi
71
NY-537705
Paved · Power at road
146.0Jul 27, 2026$396,7002,7171,7529.1 mi
71
NY-848193
Gravel · Off grid
208.0Feb 11, 2025$414,9001,9952,0872.9 mi
69
NY-919831
Landlocked · Full utilities
681.3Apr 12, 2026$958,4001,4072,04212.1 mi
69
Show adjustment detail for the top comp
  • Tract size (269.73 ac → 386.07 ac)-10.0%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.5%

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.