Comparable sales & offer analysis
Parcel PA-279455
Erie County, PA · 472 ac · Unzoned · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,488,000
Adjusted value
$3,154,541
Value range
$2,671,753–$3,637,328
Comp $/acre
$6,688/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.1% versus the adjusted value.
Offer position
Max allowable offer
$1,802,595
Offer $/acre
$3,822/ac
Projected profit
$946,362
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 |
|---|---|---|---|---|---|---|
| PA-478790 | 291.4 | Jul 5, 2026 | $751,100 | 2,578 | 5,594 | 84 |
| PA-539220 | 397.8 | Oct 24, 2024 | $1,689,100 | 4,246 | 6,250 | 74 |
| PA-157814 | 143.7 | Dec 3, 2025 | $768,500 | 5,349 | 8,301 | 63 |
| PA-957648 | 127.4 | Sep 3, 2025 | $684,700 | 5,375 | 6,456 | 63 |
| PA-547333 | 101.4 | Apr 6, 2026 | $850,800 | 8,391 | 7,987 | 61 |
| PA-167356 | 103.1 | Dec 29, 2024 | $520,600 | 5,049 | 5,906 | 55 |
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.