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Comparable sales & offer analysis

Parcel PA-885489

Erie County, PA · 26.66 ac · Mixed Use · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$236,400
Adjusted value
$264,891
Value range
$200,050–$329,732
Comp $/acre
$9,936/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.8% versus the adjusted value.

Offer position

Max allowable offer
$151,366
Offer $/acre
$5,678/ac
Projected profit
$79,467
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-18573331.8Jul 27, 2026$146,2004,5966,47982
PA-78624045.9Jul 27, 2026$498,10010,8439,78378
PA-547333101.4Apr 6, 2026$850,8008,39111,14969
PA-957648127.4Sep 3, 2025$684,7005,3759,01264
PA-7637757.7Jun 18, 2025$57,1007,4119,33262
PA-157814143.7Dec 3, 2025$768,5005,34911,58861
PA-167356103.1Dec 29, 2024$520,6005,0498,24459
PA-2337417.5Jan 9, 2025$129,10017,16915,30557
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.