Comparable sales & offer analysis
Parcel NY-572991
Herkimer County, NY · 4.80 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,100
Adjusted value
$18,447
Value range
$16,971–$19,922
Comp $/acre
$3,843/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.9% versus the adjusted value.
Offer position
Max allowable offer
$10,541
Offer $/acre
$2,196/ac
Projected profit
$5,534
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NY-602222 | 2.8 | Mar 11, 2026 | $11,000 | 3,991 | 4,007 | 73 |
| NY-823750 | 8.3 | Jul 17, 2025 | $29,000 | 3,483 | 3,775 | 69 |
| NY-332425 | 3.2 | Dec 17, 2024 | $12,700 | 3,969 | 3,574 | 68 |
| NY-462106 | 2.5 | May 24, 2025 | $8,900 | 3,524 | 3,646 | 66 |
| NY-881523 | 1.7 | Oct 8, 2024 | $9,200 | 5,554 | 4,267 | 57 |
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.