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Comparable sales & offer analysis

Parcel NY-830633

Herkimer County, NY · 0.87 ac · Mixed Use · Landlocked · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$3,800
Adjusted value
$3,150
Value range
$2,549–$3,751
Comp $/acre
$3,621/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.6% versus the adjusted value.

Offer position

Max allowable offer
$1,800
Offer $/acre
$2,069/ac
Projected profit
$945
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-9009671.1May 28, 2026$8,5007,6244,27383
NY-5510321.2Jul 2, 2026$4,6003,9262,70682
NY-5504200.8Nov 6, 2025$3,6004,8533,50678
NY-4505360.8Apr 20, 2026$7,2008,9145,00278
NY-8012481.4Apr 23, 2024$5,7004,1993,95674
NY-1510251.2Jul 26, 2024$4,2003,5933,11272
NY-6022222.8Mar 11, 2026$11,0003,9913,29264
NY-8815231.7Oct 8, 2024$9,2005,5543,50662
NY-4621062.5May 24, 2025$8,9003,5242,99562
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.