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Steuben County, NY · Sold

NY-269793

5358 County Road 347

$2,378,700
$3,589/ac · 663 ac
Acreage663 ac
Price per acre$3,589/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedApr 28, 2024
Coordinates42.3361, -77.3534
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

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

View Steuben market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope25.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area384.14 of 662.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,620,673
$1,397,814$1,843,533 · $2,445/ac on 663 ac
Asking vs estimate
+46.8%
Priced above the comp set

Weighted from 6 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 $2,378,700
Maximum allowable offer
$926,099
$1,397/ac · +30.0% target margin

You need $1,452,601 off asking to hit this margin.

All-in cost$1,004,817
Net resale$1,491,020
Projected profit$486,202
ROI+48.4%
Annualized+69.2%
Break-even resale$1,648/ac
Profit if resale lands off target
-20%
$187,998
-10%
$337,100
0%
$486,202
+10%
$635,304
+20%
$784,406
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-939524
Dirt · Power at road
545.4Jul 27, 2026$1,091,1002,0012,3058.6 mi
83
NY-499894
Dirt · Off grid
713.1Nov 9, 2025$1,279,3001,7942,7187.0 mi
80
NY-789269
Gravel · Off grid
453.4Jun 20, 2026$787,3001,7361,9233.9 mi
79
NY-549453
Gravel · Off grid
518.1Feb 6, 2025$1,130,0002,1812,6587.4 mi
75
NY-618718
Paved · Off grid
304.2Feb 13, 2025$1,006,3003,3082,9135.2 mi
64
NY-248195
Gravel · Power at road
208.3May 16, 2025$585,8002,8132,2073.8 mi
62
Show adjustment detail for the top comp
  • Tract size (545.42 ac → 662.77 ac)-5.8%
  • Utilities (Power at road → Full utilities)+22.0%

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.