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Comparable sales & offer analysis

Parcel PA-742920

Erie County, PA · 4.15 ac · Agricultural · Gravel · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$32,200
Adjusted value
$36,753
Value range
$26,462–$47,044
Comp $/acre
$8,856/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.4% versus the adjusted value.

Offer position

Max allowable offer
$21,002
Offer $/acre
$5,061/ac
Projected profit
$11,026
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-2430584.6Jul 27, 2026$32,7007,1456,09388
PA-7422002.5Jul 27, 2026$14,8006,0346,09682
PA-8126453.4Mar 4, 2026$18,2005,3565,35679
PA-6119392.0Mar 1, 2026$17,8008,7247,38377
PA-8127703.7Jun 23, 2025$45,70012,29712,68874
PA-7637757.7Jun 18, 2025$57,1007,4119,32870
PA-8714751.5Jul 27, 2026$12,6008,63810,54269
PA-9014481.4Jan 26, 2026$12,4008,6708,85166
PA-2337417.5Jan 9, 2025$129,10017,16915,29766
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.