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Otsego County, NY · Sold

NY-602702

9428 County Road 355

$33,900
$8,715/ac · 3.89 ac
Acreage3.89 ac
Price per acre$8,715/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMay 23, 2026
Coordinates42.5713, -75.0970
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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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

489 ft of deeded road frontage.

Power134 ft away

Power at or near the road.

Buildable area3.24 of 3.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,917
$31,371$40,462 · $9,233/ac on 3.89 ac
Asking vs estimate
-5.6%
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 $33,900
Maximum allowable offer
$20,524
$5,276/ac · +30.0% target margin

You need $13,376 off asking to hit this margin.

All-in cost$22,269
Net resale$33,043
Projected profit$10,775
ROI+48.4%
Annualized+69.2%
Break-even resale$6,222/ac
Profit if resale lands off target
-20%
$4,166
-10%
$7,470
0%
$10,775
+10%
$14,079
+20%
$17,383
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-832314
Dirt · Off grid
2.9Jul 27, 2026$18,8006,40310,2653.8 mi
82
NY-773388
Gravel · Off grid
6.4Feb 25, 2026$41,6006,4969,4082.9 mi
80
NY-212245
Dirt · Off grid
2.8Jun 7, 2026$17,2006,1389,8833.0 mi
80
NY-781905
Gravel · Power at road
2.2Apr 24, 2026$13,3006,0877,1576.2 mi
75
NY-601708
Dirt · Power at road
1.9Jul 18, 2026$11,9006,2888,4907.7 mi
74
NY-673549
Dirt · Power at road
7.2Nov 4, 2025$50,7007,05710,3011.3 mi
74
NY-472042
Gravel · Off grid
2.4Nov 16, 2024$12,8005,3017,7861.3 mi
69
NY-761512
Landlocked · Power at road
1.6Dec 4, 2025$9,8006,00010,48411.8 mi
65
Show adjustment detail for the top comp
  • Tract size (2.94 ac → 3.89 ac)-0.9%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%

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.