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Erie County, NY · Sold

NY-760471

2242 County Road 283

$6,400
$8,312/ac · 0.77 ac
Acreage0.77 ac
Price per acre$8,312/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedNov 14, 2023
Coordinates42.7455, -78.8058
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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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands12.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

160 ft of deeded road frontage.

Power12,248 ft away

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

Buildable area0.64 of 0.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,931
$4,001$5,860 · $6,403/ac on 0.77 ac
Asking vs estimate
+29.8%
Priced above the comp set

Weighted from 7 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 $6,400
Maximum allowable offer
$2,817
$3,659/ac · +30.0% target margin

You need $3,583 off asking to hit this margin.

All-in cost$3,056
Net resale$4,536
Projected profit$1,480
ROI+48.4%
Annualized+69.3%
Break-even resale$4,315/ac
Profit if resale lands off target
-20%
$572
-10%
$1,026
0%
$1,480
+10%
$1,933
+20%
$2,387
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-771271
Paved · Off grid
1.4Jul 21, 2026$8,6006,2045,3062.1 mi
84
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6705,7075.2 mi
83
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5805,7633.0 mi
78
NY-981208
Landlocked · Full utilities
1.3May 4, 2026$8,0006,0346,2914.8 mi
75
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,7219,0206.1 mi
69
NY-240927
Dirt · Power at road
1.1Jul 10, 2024$5,8005,3785,8035.4 mi
67
NY-371982
Gravel · Full utilities
2.3May 18, 2024$22,6009,7627,5607.1 mi
59
Show adjustment detail for the top comp
  • Tract size (1.38 ac → 0.77 ac)+0.6%
  • Access (Paved → Gravel)-15.3%

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.