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Otsego County, NY · Sold

NY-472042

4987 County Road 2

$14,100
$5,851/ac · 2.41 ac
Acreage2.41 ac
Price per acre$5,851/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedDec 17, 2023
Coordinates42.5895, -75.1041
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope10.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,008 ft away

Service extension needed; get a utility quote.

Buildable area2.27 of 2.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,077
$13,833$18,321 · $6,671/ac on 2.41 ac
Asking vs estimate
-12.3%
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 $14,100
Maximum allowable offer
$9,187
$3,812/ac · +30.0% target margin

You need $4,913 off asking to hit this margin.

All-in cost$9,968
Net resale$14,791
Projected profit$4,823
ROI+48.4%
Annualized+69.2%
Break-even resale$4,496/ac
Profit if resale lands off target
-20%
$1,865
-10%
$3,344
0%
$4,823
+10%
$6,302
+20%
$7,781
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-832314
Dirt · Off grid
2.9Jul 27, 2026$18,8006,4037,5014.9 mi
89
NY-212245
Dirt · Off grid
2.8Jun 7, 2026$17,2006,1387,2224.2 mi
84
NY-781905
Gravel · Power at road
2.2Apr 24, 2026$13,3006,0875,2306.8 mi
84
NY-602702
Paved · Power at road
3.9Jul 27, 2026$28,3007,2775,3291.3 mi
80
NY-601708
Dirt · Power at road
1.9Jul 18, 2026$11,9006,2886,2047.7 mi
80
NY-761512
Landlocked · Power at road
1.6Dec 4, 2025$9,8006,0007,66110.9 mi
74
NY-773388
Gravel · Off grid
6.4Feb 25, 2026$41,6006,4966,8752.2 mi
74
NY-673549
Dirt · Power at road
7.2Nov 4, 2025$50,7007,0577,5272.4 mi
66
Show adjustment detail for the top comp
  • Tract size (2.94 ac → 2.41 ac)+0.5%
  • Access (Dirt → Gravel)+16.3%

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.