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Otsego County, NY · Sold

NY-925947

2989 County Road 80

$193,800
$4,742/ac · 40.87 ac
Acreage40.87 ac
Price per acre$4,742/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedSep 2, 2023
Coordinates42.5882, -75.0186
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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

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

5 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands19.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,038 ft away

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

Buildable area31.29 of 40.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$151,407
$120,387$182,428 · $3,705/ac on 40.87 ac
Asking vs estimate
+28.0%
Priced above the comp set

Weighted from 9 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 $193,800
Maximum allowable offer
$86,519
$2,117/ac · +30.0% target margin

You need $107,281 off asking to hit this margin.

All-in cost$93,873
Net resale$139,295
Projected profit$45,422
ROI+48.4%
Annualized+69.2%
Break-even resale$2,497/ac
Profit if resale lands off target
-20%
$17,563
-10%
$31,492
0%
$45,422
+10%
$59,351
+20%
$73,281
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-715542
Paved · Power at road
30.5Jul 27, 2026$336,90011,0525,1575.5 mi
85
NY-896025
Gravel · Power at road
43.2Jul 6, 2026$205,4004,7492,7877.9 mi
83
NY-325158
Gravel · Power at road
23.1Jul 27, 2026$175,5007,6064,0164.9 mi
76
NY-526848
Dirt · Off grid
78.5Jul 27, 2026$290,2003,6973,3578.1 mi
75
NY-806243
Gravel · Full utilities
50.6Apr 14, 2025$426,8008,4274,3956.4 mi
72
NY-877542
Paved · Power at road
129.8Feb 21, 2025$601,2004,6333,1273.5 mi
65
NY-494898
Dirt · Off grid
19.1Jun 11, 2024$70,5003,6902,8326.0 mi
63
NY-347190
Gravel · Off grid
100.6Nov 25, 2024$407,7004,0543,5956.8 mi
62
NY-384973
Gravel · Power at road
20.2Feb 17, 2025$138,8006,8783,7839.3 mi
62
Show adjustment detail for the top comp
  • Tract size (30.48 ac → 40.87 ac)-4.9%
  • Access (Paved → Landlocked)-42.4%
  • 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.