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Comparable sales & offer analysis

Parcel NY-187526

Herkimer County, NY · 128 ac · Residential · Dirt · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$291,900
Adjusted value
$301,389
Value range
$239,112–$363,666
Comp $/acre
$2,350/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.1% versus the adjusted value.

Offer position

Max allowable offer
$172,222
Offer $/acre
$1,343/ac
Projected profit
$90,417
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NY-988210210.5Jul 27, 2026$572,4002,7192,66381
NY-42692583.0Jun 30, 2026$289,6003,4892,72480
NY-537705146.0Jul 27, 2026$396,7002,7171,75578
NY-647203101.5Jul 27, 2026$199,0001,9602,00276
NY-848352233.3Nov 1, 2025$514,6002,2051,96572
NY-448552269.7Oct 16, 2025$413,5001,5331,95771
NY-848193208.0Feb 11, 2025$414,9001,9952,09070
NY-498303225.2Jan 8, 2026$472,9002,1002,16969
NY-29607344.8Jul 27, 2026$257,1005,7423,32867
NY-209047386.1Mar 30, 2026$1,119,1002,8992,94965
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.