Comparable sales & offer analysis
Parcel PA-742200
Erie County, PA · 2.46 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,200
Adjusted value
$21,710
Value range
$15,631–$27,789
Comp $/acre
$8,825/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.8% versus the adjusted value.
Offer position
Max allowable offer
$12,406
Offer $/acre
$5,043/ac
Projected profit
$6,513
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-611939 | 2.0 | Mar 1, 2026 | $17,800 | 8,724 | 7,324 | 82 |
| PA-243058 | 4.6 | Jul 27, 2026 | $32,700 | 7,145 | 6,044 | 80 |
| PA-871475 | 1.5 | Jul 27, 2026 | $12,600 | 8,638 | 10,457 | 80 |
| PA-812645 | 3.4 | Mar 4, 2026 | $18,200 | 5,356 | 5,313 | 79 |
| PA-901448 | 1.4 | Jan 26, 2026 | $12,400 | 8,670 | 8,780 | 78 |
| PA-812770 | 3.7 | Jun 23, 2025 | $45,700 | 12,297 | 12,586 | 70 |
| PA-450723 | 0.8 | Jul 9, 2026 | $8,500 | 10,149 | 7,050 | 69 |
| PA-742920 | 4.2 | Feb 7, 2024 | $30,600 | 7,371 | 8,087 | 68 |
| PA-763775 | 7.7 | Jun 18, 2025 | $57,100 | 7,411 | 9,253 | 63 |
| PA-233741 | 7.5 | Jan 9, 2025 | $129,100 | 17,169 | 15,174 | 60 |
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.