Cumberland County, ME · Sold

ME-499008

1774 County Road 304

$538,300

$830/ac · 648 ac

Offer report Market this tract

Acreage648 ac

Price per acre$830/ac

ZoningRecreational

Road accessLandlocked

UtilitiesOff grid

TopographyWooded

ListedJul 29, 2024

Coordinates43.8084, -70.4141

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

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

View Cumberland market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Moderate risk

Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,862 ft away

Service extension needed; get a utility quote.

Buildable area563.51 of 648.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$654,947

$552,515 – $757,380 · $1,010/ac on 648 ac

Asking vs estimate

-17.8%

Priced below the comp set

Weighted from 7 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 $538,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$374,256

$577/ac · +30.0% target margin

You need $164,044 off asking to hit this margin.

All-in cost$406,068

Net resale$602,552

Projected profit$196,484

ROI+48.4%

Annualized+69.2%

Break-even resale$681/ac

Profit if resale lands off target

-20%

$75,974

-10%

$136,229

$196,484

+10%

$256,739

+20%

$316,994

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-488648 Gravel · Full utilities	499.4	Jul 27, 2026	$935,700	1,874	822	1.7 mi	83
ME-338992 Gravel · Power at road	640.8	Jun 11, 2026	$891,100	1,391	807	8.1 mi	83
ME-387942 Dirt · Power at road	299.5	May 24, 2026	$664,800	2,220	1,195	9.9 mi	69
ME-138027 Dirt · Off grid	318.5	Jan 17, 2025	$552,300	1,734	1,181	1.1 mi	69
ME-448575 Dirt · Power at road	473.7	Sep 5, 2024	$705,000	1,488	984	6.4 mi	68
ME-998564 Dirt · Power at road	470.0	Nov 20, 2023	$807,900	1,719	1,168	8.2 mi	64
ME-467644 Gravel · Power at road	241.3	Sep 13, 2025	$540,900	2,241	1,004	10.6 mi	61

Show adjustment detail for the top comp

Tract size (499.45 ac → 648.27 ac)-7.6%
Access (Gravel → Landlocked)-32.0%
Utilities (Full utilities → Off grid)-30.3%

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