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Erie County, NY · Sold

NY-272308

1485 County Road 214

$24,000
$8,191/ac · 2.93 ac
Acreage2.93 ac
Price per acre$8,191/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedJul 16, 2025
Coordinates42.7158, -78.7857
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Erie County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Erie market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands40.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

301 ft of deeded road frontage.

Power223 ft away

Power at or near the road.

Buildable area1.66 of 2.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,688
$21,268$30,108 · $8,767/ac on 2.93 ac
Asking vs estimate
-6.6%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $24,000
Maximum allowable offer
$14,679
$5,010/ac · +30.0% target margin

You need $9,321 off asking to hit this margin.

All-in cost$15,927
Net resale$23,633
Projected profit$7,706
ROI+48.4%
Annualized+69.2%
Break-even resale$5,908/ac
Profit if resale lands off target
-20%
$2,980
-10%
$5,343
0%
$7,706
+10%
$10,070
+20%
$12,433
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-771271
Paved · Off grid
1.4Jul 21, 2026$8,6006,2047,2082.9 mi
78
NY-981208
Landlocked · Full utilities
1.3May 4, 2026$8,0006,0348,5467.1 mi
74
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5807,8284.7 mi
74
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6707,7533.5 mi
73
NY-313393
Landlocked · Off grid
6.4Oct 25, 2024$26,1004,0709,2333.0 mi
68
NY-371982
Gravel · Full utilities
2.3May 18, 2024$22,6009,76210,2709.2 mi
67
NY-240927
Dirt · Power at road
1.1Jul 10, 2024$5,8005,3787,8823.2 mi
62
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,72112,2538.2 mi
59
Show adjustment detail for the top comp
  • Tract size (1.38 ac → 2.93 ac)-1.5%
  • Utilities (Off grid → Power at road)+17.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.