Comparable sales & offer analysis
Parcel PA-871475
Erie County, PA · 1.46 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,000
Adjusted value
$9,183
Value range
$6,663–$11,703
Comp $/acre
$6,290/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.7% versus the adjusted value.
Offer position
Max allowable offer
$5,247
Offer $/acre
$3,594/ac
Projected profit
$2,755
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-901448 | 1.4 | Jan 26, 2026 | $12,400 | 8,670 | 7,309 | 81 |
| PA-742200 | 2.5 | Jul 27, 2026 | $14,800 | 6,034 | 5,035 | 78 |
| PA-450723 | 0.8 | Jul 9, 2026 | $8,500 | 10,149 | 5,869 | 76 |
| PA-812645 | 3.4 | Mar 4, 2026 | $18,200 | 5,356 | 4,423 | 74 |
| PA-611939 | 2.0 | Mar 1, 2026 | $17,800 | 8,724 | 6,097 | 71 |
| PA-243058 | 4.6 | Jul 27, 2026 | $32,700 | 7,145 | 5,032 | 67 |
| PA-812770 | 3.7 | Jun 23, 2025 | $45,700 | 12,297 | 10,476 | 62 |
| PA-742920 | 4.2 | Feb 7, 2024 | $30,600 | 7,371 | 6,729 | 56 |
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.