Comparable sales & offer analysis
Parcel NY-647203
Herkimer County, NY · 102 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$187,900
Adjusted value
$238,899
Value range
$191,556–$286,243
Comp $/acre
$2,353/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.3% versus the adjusted value.
Offer position
Max allowable offer
$136,514
Offer $/acre
$1,345/ac
Projected profit
$71,670
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-537705 | 146.0 | Jul 27, 2026 | $396,700 | 2,717 | 1,732 | 86 |
| NY-988210 | 210.5 | Jul 27, 2026 | $572,400 | 2,719 | 2,628 | 77 |
| NY-426925 | 83.0 | Jun 30, 2026 | $289,600 | 3,489 | 2,688 | 77 |
| NY-498303 | 225.2 | Jan 8, 2026 | $472,900 | 2,100 | 2,141 | 69 |
| NY-296073 | 44.8 | Jul 27, 2026 | $257,100 | 5,742 | 3,284 | 69 |
| NY-187526 | 128.3 | Oct 6, 2024 | $279,100 | 2,176 | 2,327 | 66 |
| NY-996588 | 65.0 | Oct 12, 2024 | $233,400 | 3,590 | 2,803 | 63 |
| NY-848352 | 233.3 | Nov 1, 2025 | $514,600 | 2,205 | 1,939 | 62 |
| NY-448552 | 269.7 | Oct 16, 2025 | $413,500 | 1,533 | 1,932 | 62 |
| NY-848193 | 208.0 | Feb 11, 2025 | $414,900 | 1,995 | 2,063 | 60 |
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.