Comparable sales & offer analysis
Parcel NY-730961
Erie County, NY · 1.10 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,700
Adjusted value
$8,146
Value range
$6,862–$9,430
Comp $/acre
$7,406/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +55.9% versus the adjusted value.
Offer position
Max allowable offer
$4,655
Offer $/acre
$4,232/ac
Projected profit
$2,444
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-441072 | 1.2 | Jul 27, 2026 | $6,800 | 5,670 | 6,729 | 87 |
| NY-811219 | 1.3 | Jul 27, 2026 | $7,400 | 5,580 | 6,794 | 82 |
| NY-981208 | 1.3 | May 4, 2026 | $8,000 | 6,034 | 7,417 | 81 |
| NY-771271 | 1.4 | Jul 21, 2026 | $8,600 | 6,204 | 6,256 | 79 |
| NY-240927 | 1.1 | Jul 10, 2024 | $5,800 | 5,378 | 6,838 | 76 |
| NY-371982 | 2.3 | May 18, 2024 | $22,600 | 9,762 | 8,909 | 71 |
| NY-272308 | 2.9 | Jul 27, 2026 | $23,000 | 7,839 | 6,819 | 70 |
| NY-760471 | 0.8 | Jun 20, 2024 | $6,000 | 7,763 | 9,977 | 69 |
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.