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Erie County, PA · Sold

PA-478790

7966 County Road 245

$903,800
$3,102/ac · 291 ac
Acreage291 ac
Price per acre$3,102/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedMay 6, 2025
Coordinates42.1413, -80.1609
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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

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,836 ft away

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

Buildable area273.74 of 291.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$901,370
$752,665$1,050,076 · $3,094/ac on 291 ac
Asking vs estimate
+0.3%
In line with 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 $903,800
Maximum allowable offer
$515,069
$1,768/ac · +30.0% target margin

You need $388,731 off asking to hit this margin.

All-in cost$558,850
Net resale$829,261
Projected profit$270,411
ROI+48.4%
Annualized+69.2%
Break-even resale$2,085/ac
Profit if resale lands off target
-20%
$104,559
-10%
$187,485
0%
$270,411
+10%
$353,337
+20%
$436,263
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
PA-279455
Paved · Full utilities
471.7Apr 6, 2026$2,473,1005,2432,4642.6 mi
81
PA-157814
Landlocked · Power at road
143.7Dec 3, 2025$768,5005,3493,8444.5 mi
72
PA-539220
Gravel · Power at road
397.8Oct 24, 2024$1,689,1004,2462,8944.5 mi
70
PA-957648
Dirt · Power at road
127.4Sep 3, 2025$684,7005,3752,9894.8 mi
66
PA-547333
Gravel · Power at road
101.4Apr 6, 2026$850,8008,3913,6989.5 mi
65
PA-167356
Dirt · Power at road
103.1Dec 29, 2024$520,6005,0492,7358.8 mi
58
Show adjustment detail for the top comp
  • Tract size (471.67 ac → 291.35 ac)+15.3%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.5%

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.