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Erie County, PA · Sold

PA-279455

1385 County Road 35

$2,488,000
$5,275/ac · 472 ac
Acreage472 ac
Price per acre$5,275/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedSep 13, 2025
Coordinates42.1499, -80.1125
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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, Pennsylvania. Ridge-and-valley hunting camps and Amish-country farmland.

View Erie market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,782 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area377.74 of 471.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,154,485
$2,671,705$3,637,266 · $6,688/ac on 472 ac
Asking vs estimate
-21.1%
Priced below the comp set

Weighted from 6 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 $2,488,000
Maximum allowable offer
$1,802,563
$3,822/ac · +30.0% target margin

You need $685,437 off asking to hit this margin.

All-in cost$1,955,781
Net resale$2,902,127
Projected profit$946,346
ROI+48.4%
Annualized+69.2%
Break-even resale$4,507/ac
Profit if resale lands off target
-20%
$365,920
-10%
$656,133
0%
$946,346
+10%
$1,236,558
+20%
$1,526,771
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
PA-478790
Landlocked · Off grid
291.4Jul 5, 2026$751,1002,5785,5942.6 mi
84
PA-539220
Gravel · Power at road
397.8Oct 24, 2024$1,689,1004,2466,2502.0 mi
74
PA-157814
Landlocked · Power at road
143.7Dec 3, 2025$768,5005,3498,3015.9 mi
63
PA-957648
Dirt · Power at road
127.4Sep 3, 2025$684,7005,3756,4562.2 mi
63
PA-547333
Gravel · Power at road
101.4Apr 6, 2026$850,8008,3917,9878.4 mi
61
PA-167356
Dirt · Power at road
103.1Dec 29, 2024$520,6005,0495,9068.0 mi
55
Show adjustment detail for the top comp
  • Tract size (291.35 ac → 471.67 ac)-13.3%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.5%

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.