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Comparable sales & offer analysis

Parcel NY-462106

Herkimer County, NY · 2.53 ac · Recreational · Dirt · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$10,600
Adjusted value
$11,021
Value range
$8,606–$13,435
Comp $/acre
$4,356/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.8% versus the adjusted value.

Offer position

Max allowable offer
$6,298
Offer $/acre
$2,489/ac
Projected profit
$3,306
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-6022222.8Mar 11, 2026$11,0003,9914,07291
NY-9009671.1May 28, 2026$8,5007,6245,28575
NY-5510321.2Jul 2, 2026$4,6003,9263,34773
NY-3324253.2Dec 17, 2024$12,7003,9693,63372
NY-4505360.8Apr 20, 2026$7,2008,9146,18670
NY-8815231.7Oct 8, 2024$9,2005,5544,33867
NY-5729914.8Jul 5, 2025$14,9003,1073,32467
NY-8306330.9Dec 14, 2025$3,9004,4735,71966
NY-8237508.3Jul 17, 2025$29,0003,4833,83766
NY-1510251.2Jul 26, 2024$4,2003,5933,85064
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.