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Oneida County, NY · Sold

NY-188717

2968 County Road 298

$1,221,800
$4,019/ac · 304 ac
Acreage304 ac
Price per acre$4,019/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedFeb 11, 2024
Coordinates43.2669, -75.4599
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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

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

View Oneida market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area286.47 of 303.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,237,879
$1,051,716$1,424,043 · $4,072/ac on 304 ac
Asking vs estimate
-1.3%
In line with 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 $1,221,800
Maximum allowable offer
$707,360
$2,327/ac · +30.0% target margin

You need $514,440 off asking to hit this margin.

All-in cost$767,486
Net resale$1,138,849
Projected profit$371,364
ROI+48.4%
Annualized+69.2%
Break-even resale$2,744/ac
Profit if resale lands off target
-20%
$143,594
-10%
$257,479
0%
$371,364
+10%
$485,248
+20%
$599,133
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-828948
Gravel · Off grid
359.4May 23, 2026$895,0002,4913,7913.2 mi
89
NY-988652
Paved · Power at road
290.0Aug 17, 2025$918,6003,1683,3663.0 mi
83
NY-629295
Gravel · Power at road
462.1Jul 27, 2026$1,343,6002,9084,0253.4 mi
82
NY-997668
Landlocked · Off grid
142.2Jul 27, 2026$306,7002,1573,6925.7 mi
78
NY-718700
Landlocked · Power at road
300.3Nov 1, 2024$583,1001,9423,7332.3 mi
76
NY-907400
Landlocked · Off grid
117.1Jul 27, 2026$264,7002,2613,6791.0 mi
74
NY-249477
Dirt · Power at road
527.2Nov 6, 2025$1,192,2002,2623,9026.2 mi
70
NY-529328
Gravel · Off grid
473.2Apr 30, 2024$1,275,7002,6964,8375.0 mi
68
NY-638318
Paved · Off grid
227.7May 21, 2024$855,3003,7574,6015.9 mi
67
NY-417226
Gravel · Power at road
103.2Mar 6, 2025$592,9005,7445,5397.4 mi
66
Show adjustment detail for the top comp
  • Tract size (359.35 ac → 303.98 ac)+5.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.0%

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.