Aroostook County, ME · Sold

ME-927754

263 County Road 342

$230,000

$880/ac · 261 ac

Offer report Market this tract

Acreage261 ac

Price per acre$880/ac

ZoningUnzoned

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedFeb 15, 2024

Coordinates46.7253, -68.5653

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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

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

View Aroostook market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,659 ft of deeded road frontage.

Power228 ft away

Power at or near the road.

Buildable area236.87 of 261.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$299,257

$238,242 – $360,271 · $1,145/ac on 261 ac

Asking vs estimate

-23.1%

Priced below the comp set

Weighted from 10 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 $230,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$171,004

$654/ac · +30.0% target margin

You need $58,996 off asking to hit this margin.

All-in cost$185,539

Net resale$275,316

Projected profit$89,777

ROI+48.4%

Annualized+69.2%

Break-even resale$772/ac

Profit if resale lands off target

-20%

$34,713

-10%

$62,245

$89,777

+10%

$117,308

+20%

$144,840

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-908049 Gravel · Power at road	323.6	Apr 1, 2026	$483,100	1,493	1,387	4.9 mi	81
ME-537205 Dirt · Off grid	175.6	Jul 27, 2026	$224,600	1,279	1,349	12.2 mi	78
ME-687077 Paved · Power at road	160.0	Jun 2, 2026	$190,500	1,190	763	5.5 mi	77
ME-486334 Dirt · Full utilities	93.4	Feb 21, 2026	$160,700	1,720	1,093	4.9 mi	74
ME-936158 Dirt · Power at road	82.2	Jul 27, 2026	$93,200	1,134	837	8.4 mi	72
ME-127439 Dirt · Power at road	208.0	Oct 2, 2024	$229,100	1,102	1,114	9.6 mi	72
ME-558784 Gravel · Power at road	551.2	Dec 17, 2024	$607,500	1,102	1,265	1.7 mi	72
ME-709332 Dirt · Full utilities	819.8	May 16, 2026	$966,000	1,178	1,375	4.6 mi	71
ME-627060 Dirt · Full utilities	158.1	Apr 2, 2024	$176,900	1,119	877	5.5 mi	66
ME-176142 Dirt · Full utilities	81.3	Oct 22, 2025	$180,800	2,224	1,386	8.6 mi	64

Show adjustment detail for the top comp

Tract size (323.62 ac → 261.36 ac)+6.4%
Access (Gravel → Dirt)-14.0%
Market time (4 mo)+1.6%

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.

Build the listing kit Post a deal or JV