Comparable sales & offer analysis
Parcel PA-450723
Erie County, PA · 0.84 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$8,500
Adjusted value
$9,785
Value range
$7,045–$12,525
Comp $/acre
$11,649/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.1% versus the adjusted value.
Offer position
Max allowable offer
$5,592
Offer $/acre
$6,657/ac
Projected profit
$2,936
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 | 15,119 | 78 |
| PA-901448 | 1.4 | Jan 26, 2026 | $12,400 | 8,670 | 12,695 | 70 |
| PA-742200 | 2.5 | Jul 27, 2026 | $14,800 | 6,034 | 8,744 | 70 |
| PA-243058 | 4.6 | Jul 27, 2026 | $32,700 | 7,145 | 8,739 | 68 |
| PA-611939 | 2.0 | Mar 1, 2026 | $17,800 | 8,724 | 10,589 | 67 |
| PA-812645 | 3.4 | Mar 4, 2026 | $18,200 | 5,356 | 7,682 | 65 |
| PA-812770 | 3.7 | Jun 23, 2025 | $45,700 | 12,297 | 18,198 | 59 |
| PA-742920 | 4.2 | Feb 7, 2024 | $30,600 | 7,371 | 11,692 | 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.