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Comparable sales & offer analysis

Parcel PA-742200

Erie County, PA · 2.46 ac · Agricultural · Landlocked · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$17,200
Adjusted value
$21,838
Value range
$15,723–$27,953
Comp $/acre
$8,877/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.2% versus the adjusted value.

Offer position

Max allowable offer
$12,479
Offer $/acre
$5,073/ac
Projected profit
$6,551
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
PA-6119392.0Mar 1, 2026$17,8008,7247,36481
PA-2430584.6Jul 27, 2026$32,7007,1456,07879
PA-8714751.5Jul 27, 2026$12,6008,63810,51578
PA-8126453.4Mar 4, 2026$18,2005,3565,34278
PA-9014481.4Jan 26, 2026$12,4008,6708,82877
PA-8127703.7Jun 23, 2025$45,70012,29712,65370
PA-7429204.2Feb 7, 2024$30,6007,3718,12868
PA-4507230.8Jul 9, 2026$8,50010,1497,08968
PA-7637757.7Jun 18, 2025$57,1007,4119,30263
PA-2337417.5Jan 9, 2025$129,10017,16915,25459
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.