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Comparable sales & offer analysis

Parcel PA-871475

Erie County, PA · 1.46 ac · Unzoned · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$12,000
Adjusted value
$9,128
Value range
$6,623–$11,633
Comp $/acre
$6,252/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.5% versus the adjusted value.

Offer position

Max allowable offer
$5,216
Offer $/acre
$3,573/ac
Projected profit
$2,738
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-9014481.4Jan 26, 2026$12,4008,6707,26982
PA-7422002.5Jul 27, 2026$14,8006,0345,00780
PA-4507230.8Jul 9, 2026$8,50010,1495,83777
PA-8126453.4Mar 4, 2026$18,2005,3564,39975
PA-6119392.0Mar 1, 2026$17,8008,7246,06472
PA-2430584.6Jul 27, 2026$32,7007,1455,00468
PA-8127703.7Jun 23, 2025$45,70012,29710,42063
PA-7429204.2Feb 7, 2024$30,6007,3716,69556
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.