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Erie County, NY · Sold

NY-240927

5434 County Road 235

$6,600
$6,111/ac · 1.08 ac
Acreage1.08 ac
Price per acre$6,111/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 6, 2024
Coordinates42.6695, -78.7790
Loading terrain…
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
28
Low risk
Wetlands28.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

144 ft of deeded road frontage.

Power126 ft away

Power at or near the road.

Buildable area0.74 of 1.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,243
$5,808$8,677 · $6,706/ac on 1.08 ac
Asking vs estimate
-8.9%
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 $6,600
Maximum allowable offer
$4,139
$3,832/ac · +30.0% target margin

You need $2,461 off asking to hit this margin.

All-in cost$4,491
Net resale$6,663
Projected profit$2,172
ROI+48.4%
Annualized+69.2%
Break-even resale$4,520/ac
Profit if resale lands off target
-20%
$840
-10%
$1,506
0%
$2,172
+10%
$2,839
+20%
$3,505
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6705,7562.1 mi
90
NY-771271
Paved · Off grid
1.4Jul 21, 2026$8,6006,2045,3515.2 mi
82
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5805,8127.9 mi
80
NY-981208
Landlocked · Full utilities
1.3May 4, 2026$8,0006,0346,34510.2 mi
77
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,7219,09711.4 mi
76
NY-272308
Paved · Power at road
2.9Jul 27, 2026$23,0007,8395,8333.2 mi
75
NY-760471
Gravel · Off grid
0.8Jun 20, 2024$6,0007,7638,5385.4 mi
67
NY-371982
Gravel · Full utilities
2.3May 18, 2024$22,6009,7627,62512.5 mi
62
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • 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.