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Lewis County, NY · Sold

NY-359554

1184 County Road 87

$938,400
$1,684/ac · 557 ac
Acreage557 ac
Price per acre$1,684/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 3, 2023
Coordinates43.7906, -75.4379
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

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

View Lewis market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands42.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power135 ft away

Power at or near the road.

Buildable area305.01 of 557.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,363,604
$1,189,611$1,537,598 · $2,446/ac on 557 ac
Asking vs estimate
-31.2%
Priced below the comp set

Weighted from 8 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 $938,400
Maximum allowable offer
$779,202
$1,398/ac · +30.0% target margin

You need $159,198 off asking to hit this margin.

All-in cost$845,434
Net resale$1,254,516
Projected profit$409,082
ROI+48.4%
Annualized+69.2%
Break-even resale$1,649/ac
Profit if resale lands off target
-20%
$158,178
-10%
$283,630
0%
$409,082
+10%
$534,533
+20%
$659,985
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-569665
Dirt · Power at road
604.1Jul 27, 2026$1,290,2002,1362,1944.8 mi
89
NY-209362
Paved · Power at road
485.0Jul 27, 2026$1,712,2003,5302,4726.9 mi
84
NY-328859
Dirt · Power at road
336.9Mar 10, 2026$907,6002,6942,3594.0 mi
79
NY-108746
Dirt · Off grid
310.4Mar 2, 2026$742,5002,3922,4088.0 mi
74
NY-307772
Gravel · Full utilities
153.3Apr 14, 2025$661,3004,3142,2136.9 mi
58
NY-557461
Paved · Power at road
122.4Oct 7, 2024$522,9004,2732,1806.0 mi
57
NY-707741
Gravel · Full utilities
149.9Jul 16, 2024$930,6006,2083,2596.2 mi
56
NY-417241
Gravel · Full utilities
104.3Jun 17, 2024$585,7005,6132,6922.9 mi
55
Show adjustment detail for the top comp
  • Tract size (604.08 ac → 557.41 ac)+2.5%

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.