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Jefferson County, NY · Sold

NY-368358

1112 County Road 338

$1,113,700
$4,752/ac · 234 ac
Acreage234 ac
Price per acre$4,752/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedFeb 11, 2024
Coordinates43.9019, -76.0377
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,932 ft of deeded road frontage.

Power59 ft away

Power at or near the road.

Buildable area202.39 of 234.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$929,603
$712,803$1,146,402 · $3,966/ac on 234 ac
Asking vs estimate
+19.8%
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 $1,113,700
Maximum allowable offer
$531,202
$2,267/ac · +30.0% target margin

You need $582,498 off asking to hit this margin.

All-in cost$576,354
Net resale$855,234
Projected profit$278,880
ROI+48.4%
Annualized+69.2%
Break-even resale$2,673/ac
Profit if resale lands off target
-20%
$107,833
-10%
$193,357
0%
$278,880
+10%
$364,404
+20%
$449,927
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-398372
Dirt · Full utilities
236.8Jul 4, 2025$1,181,2004,9894,9924.5 mi
82
NY-818556
Gravel · Power at road
270.5Apr 24, 2025$614,0002,2702,4952.2 mi
81
NY-348522
Paved · Power at road
263.9Apr 19, 2025$790,9002,9972,7733.5 mi
77
NY-487390
Gravel · Off grid
116.2Jul 27, 2026$574,1004,9394,8189.0 mi
75
NY-487322
Landlocked · Power at road
110.7May 4, 2025$326,5002,9513,7373.0 mi
73
NY-599003
Gravel · Power at road
374.0Oct 25, 2024$1,207,7003,2293,9796.7 mi
70
NY-387221
Gravel · Full utilities
102.8Mar 17, 2025$634,4006,1694,2981.0 mi
69
NY-668933
Landlocked · Power at road
355.5Mar 25, 2025$1,048,3002,9495,18012.4 mi
67
NY-276832
Gravel · Power at road
77.6Jul 14, 2024$431,9005,5674,5422.6 mi
64
NY-158797
Dirt · Full utilities
322.1Jul 5, 2024$846,4002,6272,98812.3 mi
63
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (13 mo)+4.7%

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.