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Suffolk County, NY · Sold

NY-739254

387 County Road 60

$2,318,000
$5,168/ac · 449 ac
Acreage449 ac
Price per acre$5,168/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedJan 7, 2024
Coordinates40.9737, -72.7534
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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

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

View Suffolk market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,648 ft of deeded road frontage.

Power201 ft away

Power at or near the road.

Buildable area383.07 of 448.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,656,393
$1,282,904$2,029,881 · $3,693/ac on 449 ac
Asking vs estimate
+39.9%
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 $2,318,000
Maximum allowable offer
$946,510
$2,110/ac · +30.0% target margin

You need $1,371,490 off asking to hit this margin.

All-in cost$1,026,963
Net resale$1,523,881
Projected profit$496,918
ROI+48.4%
Annualized+69.2%
Break-even resale$2,489/ac
Profit if resale lands off target
-20%
$192,142
-10%
$344,530
0%
$496,918
+10%
$649,306
+20%
$801,694
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-939277
Paved · Power at road
456.1Jun 12, 2026$3,143,8006,8935,0873.8 mi
92
NY-968512
Gravel · Off grid
262.0May 29, 2026$1,198,2004,5733,9861.4 mi
82
NY-438009
Dirt · Off grid
182.0Jun 19, 2026$649,2003,5673,2556.9 mi
77
NY-518556
Paved · Off grid
270.5Jan 8, 2026$903,5003,3402,5303.2 mi
74
NY-289726
Paved · Off grid
631.4Jan 13, 2026$1,801,1002,8532,7807.1 mi
74
NY-267851
Gravel · Off grid
162.3May 23, 2026$870,1005,3604,0902.6 mi
71
NY-178430
Landlocked · Power at road
246.9Jan 17, 2025$825,0003,3413,7821.0 mi
70
Show adjustment detail for the top comp
  • Tract size (456.06 ac → 448.53 ac)+0.5%
  • Access (Paved → Dirt)-27.1%
  • Market time (2 mo)+0.7%

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.