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Erie County, NY · Sold

NY-371982

3942 County Road 345

$21,600
$9,351/ac · 2.31 ac
Acreage2.31 ac
Price per acre$9,351/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedOct 22, 2023
Coordinates42.8484, -78.8112
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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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

381 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.01 of 2.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,152
$17,153$25,150 · $9,157/ac on 2.31 ac
Asking vs estimate
+2.1%
In line with the comp set

Weighted from 9 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 $21,600
Maximum allowable offer
$12,087
$5,232/ac · +30.0% target margin

You need $9,513 off asking to hit this margin.

All-in cost$13,114
Net resale$19,459
Projected profit$6,345
ROI+48.4%
Annualized+69.2%
Break-even resale$6,171/ac
Profit if resale lands off target
-20%
$2,453
-10%
$4,399
0%
$6,345
+10%
$8,291
+20%
$10,237
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-272308
Paved · Power at road
2.9Jul 27, 2026$23,0007,8398,1729.2 mi
79
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5808,1434.8 mi
79
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6708,06512.2 mi
78
NY-981208
Landlocked · Full utilities
1.3May 4, 2026$8,0006,0348,8903.0 mi
77
NY-771271
Paved · Off grid
1.4Jul 21, 2026$8,6006,2047,4988.4 mi
75
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,72112,7451.1 mi
72
NY-240927
Dirt · Power at road
1.1Jul 10, 2024$5,8005,3788,19912.5 mi
62
NY-760471
Gravel · Off grid
0.8Jun 20, 2024$6,0007,76311,9627.1 mi
59
NY-313393
Landlocked · Off grid
6.4Oct 25, 2024$26,1004,0709,6056.5 mi
58
Show adjustment detail for the top comp
  • Tract size (2.93 ac → 2.31 ac)+0.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%

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.