Comparable sales & offer analysis
Parcel NY-197870
Otsego County, NY · 165 ac · Unzoned · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$390,800
Adjusted value
$575,022
Value range
$471,739–$678,305
Comp $/acre
$3,494/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.0% versus the adjusted value.
Offer position
Max allowable offer
$328,584
Offer $/acre
$1,997/ac
Projected profit
$172,507
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-357828 | 159.6 | Jul 1, 2024 | $395,100 | 2,475 | 2,609 | 73 |
| NY-526848 | 78.5 | Jul 27, 2026 | $290,200 | 3,697 | 3,488 | 72 |
| NY-877542 | 129.8 | Feb 21, 2025 | $601,200 | 4,633 | 3,248 | 70 |
| NY-347190 | 100.6 | Nov 25, 2024 | $407,700 | 4,054 | 3,735 | 68 |
| NY-806243 | 50.6 | Apr 14, 2025 | $426,800 | 8,427 | 4,566 | 61 |
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.