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Erie County, NY · Sold

NY-895315

2725 County Road 278

$218,500
$8,453/ac · 25.85 ac
Acreage25.85 ac
Price per acre$8,453/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedAug 29, 2024
Coordinates42.7844, -78.6877
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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

5 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands24.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,684 ft away

A long utility run — price in solar/off-grid instead.

Buildable area18.47 of 25.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$164,187
$130,824$197,549 · $6,352/ac on 25.85 ac
Asking vs estimate
+33.1%
Priced above the comp set

Weighted from 10 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 $218,500
Maximum allowable offer
$93,821
$3,629/ac · +30.0% target margin

You need $124,679 off asking to hit this margin.

All-in cost$101,796
Net resale$151,052
Projected profit$49,256
ROI+48.4%
Annualized+69.2%
Break-even resale$4,280/ac
Profit if resale lands off target
-20%
$19,046
-10%
$34,151
0%
$49,256
+10%
$64,361
+20%
$79,466
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-245254
Dirt · Full utilities
24.7Jul 24, 2026$101,8004,1143,9174.4 mi
85
NY-465080
Gravel · Power at road
21.8Jul 27, 2026$119,8005,4945,3911.9 mi
85
NY-965837
Landlocked · Power at road
37.7Oct 30, 2025$118,8003,1485,1042.0 mi
76
NY-764708
Dirt · Off grid
16.7Feb 28, 2026$91,5005,4917,2516.3 mi
75
NY-575060
Dirt · Power at road
21.5Nov 23, 2025$105,0004,8875,7239.6 mi
74
NY-916134
Dirt · Off grid
46.8Feb 10, 2026$202,4004,3266,7144.9 mi
74
NY-434675
Landlocked · Off grid
16.3Aug 22, 2025$78,0004,7988,1627.0 mi
72
NY-715668
Gravel · Off grid
33.4Jun 5, 2025$192,0005,7517,4229.9 mi
72
NY-175453
Gravel · Power at road
28.6Dec 18, 2024$199,7006,9917,6159.5 mi
71
NY-244052
Dirt · Off grid
10.4Jul 27, 2026$57,9005,5856,92110.7 mi
70
Show adjustment detail for the top comp
  • Tract size (24.74 ac → 25.85 ac)-0.6%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.