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Comparable sales & offer analysis

Parcel NY-426925

Herkimer County, NY · 83.00 ac · Residential · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$299,200
Adjusted value
$250,306
Value range
$199,081–$301,530
Comp $/acre
$3,016/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.5% versus the adjusted value.

Offer position

Max allowable offer
$143,032
Offer $/acre
$1,723/ac
Projected profit
$75,092
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-29607344.8Jul 27, 2026$257,1005,7424,31078
NY-647203101.5Jul 27, 2026$199,0001,9602,59277
NY-99658865.0Oct 12, 2024$233,4003,5903,67877
NY-537705146.0Jul 27, 2026$396,7002,7172,27373
NY-848352233.3Nov 1, 2025$514,6002,2052,54572
NY-988210210.5Jul 27, 2026$572,4002,7193,44972
NY-187526128.3Oct 6, 2024$279,1002,1763,05370
NY-498303225.2Jan 8, 2026$472,9002,1002,80967
NY-848193208.0Feb 11, 2025$414,9001,9952,70765
NY-448552269.7Oct 16, 2025$413,5001,5332,53564
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.