Comparable sales & offer analysis
Parcel NY-272308
Erie County, NY · 2.93 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,000
Adjusted value
$25,843
Value range
$21,397–$30,289
Comp $/acre
$8,820/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.1% versus the adjusted value.
Offer position
Max allowable offer
$14,767
Offer $/acre
$5,040/ac
Projected profit
$7,753
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NY-771271 | 1.4 | Jul 21, 2026 | $8,600 | 6,204 | 7,248 | 77 |
| NY-981208 | 1.3 | May 4, 2026 | $8,000 | 6,034 | 8,594 | 73 |
| NY-811219 | 1.3 | Jul 27, 2026 | $7,400 | 5,580 | 7,872 | 72 |
| NY-441072 | 1.2 | Jul 27, 2026 | $6,800 | 5,670 | 7,796 | 72 |
| NY-313393 | 6.4 | Oct 25, 2024 | $26,100 | 4,070 | 9,282 | 67 |
| NY-371982 | 2.3 | May 18, 2024 | $22,600 | 9,762 | 10,322 | 66 |
| NY-240927 | 1.1 | Jul 10, 2024 | $5,800 | 5,378 | 7,923 | 62 |
| NY-730961 | 1.1 | Jul 13, 2024 | $10,700 | 9,721 | 12,316 | 58 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.