Aroostook County, ME · Sold

ME-127439

3980 County Road 374

$271,500

$1,305/ac · 208 ac

Offer report Market this tract

Acreage208 ac

Price per acre$1,305/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyWooded

ListedJul 5, 2024

Coordinates46.8477, -68.4679

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County GIS boundary

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County market

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

View Aroostook market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands17.5% 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

1,744 ft of deeded road frontage.

Power22 ft away

Power at or near the road.

Buildable area163.04 of 208.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$231,767

$179,899 – $283,636 · $1,114/ac on 208 ac

Asking vs estimate

+17.1%

Priced above 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 $271,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$132,438

$637/ac · +30.0% target margin

You need $139,062 off asking to hit this margin.

All-in cost$143,695

Net resale$213,226

Projected profit$69,531

ROI+48.4%

Annualized+69.3%

Break-even resale$751/ac

Profit if resale lands off target

-20%

$26,885

-10%

$48,208

$69,531

+10%

$90,853

+20%

$112,176

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-936158 Dirt · Power at road	82.2	Jul 27, 2026	$93,200	1,134	893	2.0 mi	78
ME-537205 Dirt · Off grid	175.6	Jul 27, 2026	$224,600	1,279	1,439	21.2 mi	77
ME-908049 Gravel · Power at road	323.6	Apr 1, 2026	$483,100	1,493	1,480	5.2 mi	77
ME-687077 Paved · Power at road	160.0	Jun 2, 2026	$190,500	1,190	814	13.8 mi	77
ME-927754 Dirt · Power at road	261.4	Mar 9, 2025	$219,900	841	952	9.6 mi	74
ME-627060 Dirt · Full utilities	158.1	Apr 2, 2024	$176,900	1,119	935	15.0 mi	69
ME-486334 Dirt · Full utilities	93.4	Feb 21, 2026	$160,700	1,720	1,166	13.9 mi	67
ME-975814 Gravel · Power at road	64.1	Nov 9, 2025	$89,900	1,403	925	5.2 mi	65
ME-859152 Dirt · Off grid	719.5	Oct 14, 2024	$424,800	590	1,080	0.5 mi	63
ME-176142 Dirt · Full utilities	81.3	Oct 22, 2025	$180,800	2,224	1,478	17.0 mi	62

Show adjustment detail for the top comp

Tract size (82.24 ac → 208.03 ac)-21.4%

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