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Comparable sales & offer analysis

Parcel PA-167356

Erie County, PA · 103 ac · Recreational · Dirt · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$514,400
Adjusted value
$632,975
Value range
$513,148–$752,801
Comp $/acre
$6,139/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.7% versus the adjusted value.

Offer position

Max allowable offer
$361,700
Offer $/acre
$3,508/ac
Projected profit
$189,892
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-547333101.4Apr 6, 2026$850,8008,3917,29588
PA-957648127.4Sep 3, 2025$684,7005,3755,89782
PA-157814143.7Dec 3, 2025$768,5005,3497,58375
PA-18573331.8Jul 27, 2026$146,2004,5964,24073
PA-78624045.9Jul 27, 2026$498,10010,8436,40172
PA-478790291.4Jul 5, 2026$751,1002,5785,11068
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.