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Androscoggin County, ME · Sold

ME-708209

7408 County Road 297

$766,000
$2,108/ac · 363 ac
Acreage363 ac
Price per acre$2,108/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 13, 2024
Coordinates44.2302, -70.3105
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Androscoggin County, Maine. North Woods timberland and lakefront camp lots.

View Androscoggin market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands19.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,670 ft away

A long utility run — price in solar/off-grid instead.

Buildable area277.91 of 363.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$736,394
$616,634$856,153 · $2,026/ac on 363 ac
Asking vs estimate
+4.0%
In line with the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $766,000
Maximum allowable offer
$420,796
$1,158/ac · +30.0% target margin

You need $345,204 off asking to hit this margin.

All-in cost$456,564
Net resale$677,482
Projected profit$220,919
ROI+48.4%
Annualized+69.3%
Break-even resale$1,366/ac
Profit if resale lands off target
-20%
$85,422
-10%
$153,170
0%
$220,919
+10%
$288,667
+20%
$356,415
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-699115
Dirt · Full utilities
700.5Dec 25, 2024$1,893,3002,7032,4542.9 mi
68
ME-408886
Gravel · Power at road
593.4Jun 4, 2025$1,026,0001,7291,5387.9 mi
67
ME-306432
Gravel · Off grid
100.3Jul 27, 2026$328,8003,2781,98412.4 mi
67
ME-189366
Dirt · Off grid
840.2Dec 1, 2024$1,142,3001,3601,87811.5 mi
63
ME-165940
Gravel · Off grid
70.2Dec 30, 2023$264,4003,7652,3216.4 mi
53
Show adjustment detail for the top comp
  • Tract size (700.52 ac → 363.4 ac)+21.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (20 mo)+6.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.