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Erie County, NY · Sold

NY-771271

3992 County Road 98

$8,900
$6,449/ac · 1.38 ac
Acreage1.38 ac
Price per acre$6,449/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedDec 1, 2025
Coordinates42.7291, -78.8406
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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,394 ft away

Service extension needed; get a utility quote.

Buildable area1.25 of 1.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,856
$8,847$12,864 · $7,866/ac on 1.38 ac
Asking vs estimate
-18.0%
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 $8,900
Maximum allowable offer
$6,203
$4,495/ac · +30.0% target margin

You need $2,697 off asking to hit this margin.

All-in cost$6,730
Net resale$9,987
Projected profit$3,257
ROI+48.4%
Annualized+69.3%
Break-even resale$5,301/ac
Profit if resale lands off target
-20%
$1,259
-10%
$2,258
0%
$3,257
+10%
$4,256
+20%
$5,254
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-441072
Gravel · Off grid
1.2Jul 27, 2026$6,8005,6706,6934.1 mi
86
NY-811219
Landlocked · Full utilities
1.3Jul 27, 2026$7,4005,5806,7575.0 mi
85
NY-981208
Landlocked · Full utilities
1.3May 4, 2026$8,0006,0347,3775.6 mi
83
NY-272308
Paved · Power at road
2.9Jul 27, 2026$23,0007,8396,7822.9 mi
79
NY-760471
Gravel · Off grid
0.8Jun 20, 2024$6,0007,7639,9272.1 mi
72
NY-240927
Dirt · Power at road
1.1Jul 10, 2024$5,8005,3786,8045.2 mi
70
NY-730961
Gravel · Power at road
1.1Jul 13, 2024$10,7009,72110,5777.6 mi
68
NY-371982
Gravel · Full utilities
2.3May 18, 2024$22,6009,7628,8658.4 mi
63
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%

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.