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Saratoga County, NY · Sold

NY-204327

2448 County Road 116

$190,100
$15,040/ac · 12.64 ac
Acreage12.64 ac
Price per acre$15,040/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedOct 7, 2024
Coordinates43.1759, -73.8208
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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

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

View Saratoga market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands40.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

417 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area7.10 of 12.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$128,476
$106,101$150,850 · $10,164/ac on 12.64 ac
Asking vs estimate
+48.0%
Priced above the comp set

Weighted from 7 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 $190,100
Maximum allowable offer
$73,415
$5,808/ac · +30.0% target margin

You need $116,685 off asking to hit this margin.

All-in cost$79,655
Net resale$118,198
Projected profit$38,542
ROI+48.4%
Annualized+69.2%
Break-even resale$6,850/ac
Profit if resale lands off target
-20%
$14,903
-10%
$26,723
0%
$38,542
+10%
$50,362
+20%
$62,182
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-884387
Landlocked · Power at road
13.2Jan 30, 2026$86,1006,52412,0202.1 mi
83
NY-584942
Dirt · Full utilities
19.7Jul 27, 2026$121,0006,1317,5056.7 mi
80
NY-963966
Gravel · Power at road
9.7Nov 8, 2023$62,0006,3708,4821.3 mi
72
NY-554484
Gravel · Power at road
14.2Oct 24, 2024$107,7007,60710,09911.5 mi
71
NY-222757
Dirt · Power at road
4.0Jul 27, 2026$31,4007,74710,2498.8 mi
68
NY-405079
Dirt · Full utilities
21.8May 13, 2025$168,5007,73310,07510.3 mi
67
NY-433725
Gravel · Power at road
8.2Nov 27, 2023$81,2009,93513,03510.6 mi
64
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (6 mo)+2.3%

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.