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Erie County, NY · Sold

NY-981208

1845 County Road 164

$7,500
$5,682/ac · 1.32 ac
Acreage1.32 ac
Price per acre$5,682/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedSep 5, 2025
Coordinates42.8104, -78.8414
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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

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1.24 of 1.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,423
$6,717$10,129 · $6,381/ac on 1.32 ac
Asking vs estimate
-11.0%
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 $7,500
Maximum allowable offer
$4,813
$3,646/ac · +30.0% target margin

You need $2,687 off asking to hit this margin.

All-in cost$5,222
Net resale$7,749
Projected profit$2,527
ROI+48.4%
Annualized+69.2%
Break-even resale$4,300/ac
Profit if resale lands off target
-20%
$977
-10%
$1,752
0%
$2,527
+10%
$3,302
+20%
$4,077
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5805,5933.8 mi
91
NY-771271
Paved · Off grid
1.4Jul 21, 2026$8,6006,2045,1505.6 mi
85
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6705,5399.6 mi
81
NY-272308
Paved · Power at road
2.9Jul 27, 2026$23,0007,8395,6137.1 mi
76
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,7218,7542.7 mi
72
NY-371982
Gravel · Full utilities
2.3May 18, 2024$22,6009,7627,3373.0 mi
67
NY-240927
Dirt · Power at road
1.1Jul 10, 2024$5,8005,3785,63110.2 mi
67
NY-760471
Gravel · Off grid
0.8Jun 20, 2024$6,0007,7638,2164.8 mi
65
Show adjustment detail for the top comp

    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.