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Otsego County, NY · Sold

NY-494898

9501 County Road 138

$73,300
$3,836/ac · 19.11 ac
Acreage19.11 ac
Price per acre$3,836/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 6, 2023
Coordinates42.6556, -74.9434
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

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

View Otsego market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

856 ft of deeded road frontage.

Power8,258 ft away

A long utility run — price in solar/off-grid instead.

Buildable area14.58 of 19.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$112,420
$91,161$133,679 · $5,883/ac on 19.11 ac
Asking vs estimate
-34.8%
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 $73,300
Maximum allowable offer
$64,240
$3,362/ac · +30.0% target margin

You need $9,060 off asking to hit this margin.

All-in cost$69,700
Net resale$103,426
Projected profit$33,726
ROI+48.4%
Annualized+69.2%
Break-even resale$3,964/ac
Profit if resale lands off target
-20%
$13,041
-10%
$23,383
0%
$33,726
+10%
$44,069
+20%
$54,411
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-325158
Gravel · Power at road
23.1Jul 27, 2026$175,5007,6065,7123.2 mi
88
NY-715542
Paved · Power at road
30.5Jul 27, 2026$336,90011,0527,3353.5 mi
79
NY-384973
Gravel · Power at road
20.2Feb 17, 2025$138,8006,8785,3808.6 mi
73
NY-773388
Gravel · Off grid
6.4Feb 25, 2026$41,6006,4965,1767.1 mi
72
NY-896025
Gravel · Power at road
43.2Jul 6, 2026$205,4004,7493,9646.7 mi
71
NY-673549
Dirt · Power at road
7.2Nov 4, 2025$50,7007,0575,66710.9 mi
64
NY-806243
Gravel · Full utilities
50.6Apr 14, 2025$426,8008,4276,2511.9 mi
64
NY-925947
Landlocked · Off grid
40.9Apr 13, 2024$202,1004,9467,7266.0 mi
63
Show adjustment detail for the top comp
  • Tract size (23.07 ac → 19.11 ac)+2.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.