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Suffolk County, NY · Sold

NY-289726

7478 County Road 215

$2,030,500
$3,216/ac · 631 ac
Acreage631 ac
Price per acre$3,216/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedNov 26, 2024
Coordinates40.9532, -72.6208
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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
8
Low risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,615 ft of deeded road frontage.

Power1,412 ft away

Service extension needed; get a utility quote.

Buildable area547.62 of 631.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,592,608
$2,016,761$3,168,456 · $4,106/ac on 631 ac
Asking vs estimate
-21.7%
Priced below 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 $2,030,500
Maximum allowable offer
$1,481,490
$2,346/ac · +30.0% target margin

You need $549,010 off asking to hit this margin.

All-in cost$1,607,417
Net resale$2,385,200
Projected profit$777,783
ROI+48.4%
Annualized+69.2%
Break-even resale$2,767/ac
Profit if resale lands off target
-20%
$300,743
-10%
$539,263
0%
$777,783
+10%
$1,016,303
+20%
$1,254,823
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-939277
Paved · Power at road
456.1Jun 12, 2026$3,143,8006,8935,3494.9 mi
82
NY-518556
Paved · Off grid
270.5Jan 8, 2026$903,5003,3402,6604.8 mi
73
NY-968512
Gravel · Off grid
262.0May 29, 2026$1,198,2004,5734,1916.7 mi
72
NY-438009
Dirt · Off grid
182.0Jun 19, 2026$649,2003,5673,4234.0 mi
70
NY-739254
Dirt · Power at road
448.5Feb 23, 2025$1,963,3004,3774,8887.1 mi
68
NY-178430
Landlocked · Power at road
246.9Jan 17, 2025$825,0003,3413,9776.3 mi
61
Show adjustment detail for the top comp
  • Tract size (456.06 ac → 631.37 ac)-9.4%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.