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Suffolk County, NY · Sold

NY-178430

5764 County Road 372

$986,900
$3,997/ac · 247 ac
Acreage247 ac
Price per acre$3,997/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedFeb 27, 2024
Coordinates40.9626, -72.7409
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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
39
Moderate risk
Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power203 ft away

Power at or near the road.

Buildable area201.03 of 246.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$859,753
$661,331$1,058,174 · $3,482/ac on 247 ac
Asking vs estimate
+14.8%
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 $986,900
Maximum allowable offer
$491,287
$1,990/ac · +30.0% target margin

You need $495,613 off asking to hit this margin.

All-in cost$533,046
Net resale$790,972
Projected profit$257,926
ROI+48.4%
Annualized+69.2%
Break-even resale$2,347/ac
Profit if resale lands off target
-20%
$99,732
-10%
$178,829
0%
$257,926
+10%
$337,023
+20%
$416,121
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-968512
Gravel · Off grid
262.0May 29, 2026$1,198,2004,5733,7541.9 mi
85
NY-518556
Paved · Off grid
270.5Jan 8, 2026$903,5003,3402,3833.0 mi
85
NY-267851
Gravel · Off grid
162.3May 23, 2026$870,1005,3603,8532.3 mi
79
NY-438009
Dirt · Off grid
182.0Jun 19, 2026$649,2003,5673,0665.9 mi
79
NY-939277
Paved · Power at road
456.1Jun 12, 2026$3,143,8006,8934,7913.8 mi
77
NY-739254
Dirt · Power at road
448.5Feb 23, 2025$1,963,3004,3774,3791.0 mi
71
NY-289726
Paved · Off grid
631.4Jan 13, 2026$1,801,1002,8532,6186.3 mi
67
NY-606974
Dirt · Full utilities
86.0May 27, 2025$490,8005,7072,9445.1 mi
62
Show adjustment detail for the top comp
  • Tract size (262.03 ac → 246.92 ac)+1.7%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+0.9%

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.