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Jefferson County, NY · Sold

NY-158797

1407 County Road 268

$927,000
$2,878/ac · 322 ac
Acreage322 ac
Price per acre$2,878/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedMay 7, 2024
Coordinates44.0788, -76.0100
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

Jefferson County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Jefferson market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope28.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,684 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area183.99 of 322.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,208,104
$910,426$1,505,782 · $3,750/ac on 322 ac
Asking vs estimate
-23.3%
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 $927,000
Maximum allowable offer
$690,345
$2,143/ac · +30.0% target margin

You need $236,655 off asking to hit this margin.

All-in cost$749,024
Net resale$1,111,456
Projected profit$362,431
ROI+48.4%
Annualized+69.2%
Break-even resale$2,527/ac
Profit if resale lands off target
-20%
$140,140
-10%
$251,286
0%
$362,431
+10%
$473,577
+20%
$584,722
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-668933
Landlocked · Power at road
355.5Mar 25, 2025$1,048,3002,9494,9580.2 mi
82
NY-599003
Gravel · Power at road
374.0Oct 25, 2024$1,207,7003,2293,8098.4 mi
74
NY-398372
Dirt · Full utilities
236.8Jul 4, 2025$1,181,2004,9894,77912.6 mi
73
NY-487390
Gravel · Off grid
116.2Jul 27, 2026$574,1004,9394,6123.4 mi
72
NY-239589
Gravel · Off grid
571.7Sep 13, 2024$1,416,7002,4783,9240.9 mi
72
NY-818556
Gravel · Power at road
270.5Apr 24, 2025$614,0002,2702,38810.1 mi
70
NY-348522
Paved · Power at road
263.9Apr 19, 2025$790,9002,9972,65512.2 mi
69
NY-429959
Gravel · Power at road
747.5Apr 11, 2025$1,458,9001,9522,7882.0 mi
65
NY-368358
Gravel · Power at road
234.4Jun 10, 2024$974,5004,1584,34512.3 mi
63
NY-867230
Dirt · Off grid
103.5Jun 21, 2024$256,4002,4762,8421.0 mi
63
Show adjustment detail for the top comp
  • Tract size (355.47 ac → 322.12 ac)+2.9%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (17 mo)+5.9%

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.