Comparable sales & offer analysis
Parcel PA-450723
Erie County, PA · 0.84 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,500
Adjusted value
$9,843
Value range
$7,087–$12,599
Comp $/acre
$11,718/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.6% versus the adjusted value.
Offer position
Max allowable offer
$5,625
Offer $/acre
$6,696/ac
Projected profit
$2,953
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-871475 | 1.5 | Jul 27, 2026 | $12,600 | 8,638 | 15,204 | 77 |
| PA-901448 | 1.4 | Jan 26, 2026 | $12,400 | 8,670 | 12,764 | 69 |
| PA-742200 | 2.5 | Jul 27, 2026 | $14,800 | 6,034 | 8,792 | 68 |
| PA-243058 | 4.6 | Jul 27, 2026 | $32,700 | 7,145 | 8,787 | 67 |
| PA-611939 | 2.0 | Mar 1, 2026 | $17,800 | 8,724 | 10,647 | 66 |
| PA-812645 | 3.4 | Mar 4, 2026 | $18,200 | 5,356 | 7,724 | 64 |
| PA-812770 | 3.7 | Jun 23, 2025 | $45,700 | 12,297 | 18,295 | 58 |
| PA-742920 | 4.2 | Feb 7, 2024 | $30,600 | 7,371 | 11,751 | 49 |
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.