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Comparable sales & offer analysis

Parcel NY-730961

Erie County, NY · 1.10 ac · Residential · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$12,700
Adjusted value
$8,098
Value range
$6,822–$9,374
Comp $/acre
$7,362/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +56.8% versus the adjusted value.

Offer position

Max allowable offer
$4,627
Offer $/acre
$4,207/ac
Projected profit
$2,429
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NY-4410721.2Jul 27, 2026$6,8005,6706,69288
NY-8112191.3Jul 27, 2026$7,4005,5806,75784
NY-9812081.3May 4, 2026$8,0006,0347,37782
NY-7712711.4Jul 21, 2026$8,6006,2046,22280
NY-2409271.1Jul 10, 2024$5,8005,3786,80476
NY-2723082.9Jul 27, 2026$23,0007,8396,78171
NY-3719822.3May 18, 2024$22,6009,7628,86471
NY-7604710.8Jun 20, 2024$6,0007,7639,92669
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.