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Comparable sales & offer analysis

Parcel NY-134789

Herkimer County, NY · 17.66 ac · Agricultural · Landlocked · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$38,300
Adjusted value
$53,910
Value range
$45,802–$62,017
Comp $/acre
$3,053/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.0% versus the adjusted value.

Offer position

Max allowable offer
$30,806
Offer $/acre
$1,744/ac
Projected profit
$16,173
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$257,1005,7423,84269
NY-67563032.5Feb 25, 2024$127,7003,9333,21967
NY-81541227.7Apr 2, 2024$113,5004,0913,25367
NY-8237508.3Jul 17, 2025$29,0003,4832,68566
NY-42692583.0Jun 30, 2026$289,6003,4893,14565
NY-5729914.8Jul 5, 2025$14,9003,1072,32662
NY-99658865.0Oct 12, 2024$233,4003,5903,28056
NY-3324253.2Dec 17, 2024$12,7003,9692,54254
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.