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Erie County, NY · Sold

NY-248128

1398 County Road 135

$713,300
$3,595/ac · 198 ac
Acreage198 ac
Price per acre$3,595/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedSep 19, 2024
Coordinates42.7134, -78.7223
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

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,791 ft of deeded road frontage.

Power3,162 ft away

Service extension needed; get a utility quote.

Buildable area181.51 of 198.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$711,082
$579,237$842,927 · $3,584/ac on 198 ac
Asking vs estimate
+0.3%
In line with 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 $713,300
Maximum allowable offer
$406,332
$2,048/ac · +30.0% target margin

You need $306,968 off asking to hit this margin.

All-in cost$440,870
Net resale$654,195
Projected profit$213,325
ROI+48.4%
Annualized+69.3%
Break-even resale$2,415/ac
Profit if resale lands off target
-20%
$82,486
-10%
$147,905
0%
$213,325
+10%
$278,744
+20%
$344,164
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-267812
Gravel · Off grid
157.8Jul 27, 2026$680,9004,3154,0629.6 mi
84
NY-157590
Landlocked · Power at road
134.4Jul 27, 2026$397,0002,9543,3315.3 mi
83
NY-487605
Dirt · Power at road
135.8Jul 26, 2026$563,5004,1483,7097.0 mi
82
NY-218818
Paved · Off grid
327.1Aug 19, 2025$1,028,5003,1453,2028.5 mi
75
NY-587275
Gravel · Off grid
107.0Mar 4, 2025$546,1005,1064,5993.9 mi
71
NY-828640
Gravel · Power at road
287.5Sep 17, 2024$1,254,6004,3644,4536.9 mi
69
NY-309442
Gravel · Power at road
514.0May 18, 2025$1,649,0003,2083,7881.4 mi
68
NY-547503
Dirt · Power at road
126.2Jul 24, 2024$443,7003,5173,3448.9 mi
63
NY-149753
Dirt · Power at road
643.9Mar 1, 2026$1,278,9001,9862,8299.3 mi
63
NY-329703
Landlocked · Power at road
620.9Dec 27, 2025$772,2001,2442,2318.5 mi
62
Show adjustment detail for the top comp
  • Tract size (157.8 ac → 198.4 ac)-6.1%

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.