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Androscoggin County, ME · Sold

ME-408886

1306 County Road 251

$1,086,900
$1,832/ac · 593 ac
Acreage593 ac
Price per acre$1,832/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 10, 2024
Coordinates44.2383, -70.1512
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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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,513 ft of deeded road frontage.

Power224 ft away

Power at or near the road.

Buildable area463.41 of 593.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,453,465
$1,268,911$1,638,019 · $2,449/ac on 593 ac
Asking vs estimate
-25.2%
Priced below 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 $1,086,900
Maximum allowable offer
$830,552
$1,400/ac · +30.0% target margin

You need $256,348 off asking to hit this margin.

All-in cost$901,149
Net resale$1,337,188
Projected profit$436,039
ROI+48.4%
Annualized+69.2%
Break-even resale$1,651/ac
Profit if resale lands off target
-20%
$168,602
-10%
$302,320
0%
$436,039
+10%
$569,758
+20%
$703,477
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-699115
Dirt · Full utilities
700.5Dec 25, 2024$1,893,3002,7032,8977.2 mi
71
ME-708209
Dirt · Off grid
363.4Dec 1, 2025$628,9001,7312,1047.9 mi
70
ME-189366
Dirt · Off grid
840.2Dec 1, 2024$1,142,3001,3602,2189.6 mi
66
ME-306432
Gravel · Off grid
100.3Jul 27, 2026$328,8003,2782,34210.3 mi
64
ME-165940
Gravel · Off grid
70.2Dec 30, 2023$264,4003,7652,7417.1 mi
50
Show adjustment detail for the top comp
  • Tract size (700.52 ac → 593.43 ac)+5.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.