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Suffolk County, NY · Sold

NY-968512

4808 County Road 288

$1,363,100
$5,202/ac · 262 ac
Acreage262 ac
Price per acre$5,202/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 27, 2025
Coordinates40.9904, -72.7399
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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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,448 ft away

Service extension needed; get a utility quote.

Buildable area220.05 of 262.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,116,300
$857,194$1,375,405 · $4,260/ac on 262 ac
Asking vs estimate
+22.1%
Priced above 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 $1,363,100
Maximum allowable offer
$637,886
$2,434/ac · +30.0% target margin

You need $725,214 off asking to hit this margin.

All-in cost$692,106
Net resale$1,026,996
Projected profit$334,889
ROI+48.4%
Annualized+69.2%
Break-even resale$2,871/ac
Profit if resale lands off target
-20%
$129,490
-10%
$232,190
0%
$334,889
+10%
$437,589
+20%
$540,288
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-518556
Paved · Off grid
270.5Jan 8, 2026$903,5003,3402,9292.2 mi
84
NY-438009
Dirt · Off grid
182.0Jun 19, 2026$649,2003,5673,7687.3 mi
83
NY-267851
Gravel · Off grid
162.3May 23, 2026$870,1005,3604,7351.9 mi
83
NY-939277
Paved · Power at road
456.1Jun 12, 2026$3,143,8006,8935,8882.7 mi
81
NY-178430
Landlocked · Power at road
246.9Jan 17, 2025$825,0003,3414,3781.9 mi
77
NY-739254
Dirt · Power at road
448.5Feb 23, 2025$1,963,3004,3775,3811.4 mi
74
NY-289726
Paved · Off grid
631.4Jan 13, 2026$1,801,1002,8533,2186.7 mi
68
NY-606974
Dirt · Full utilities
86.0May 27, 2025$490,8005,7073,6177.0 mi
60
Show adjustment detail for the top comp
  • Tract size (270.51 ac → 262.03 ac)+0.9%
  • Access (Paved → Gravel)-15.3%
  • Market time (7 mo)+2.5%

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.