Cumberland County, ME · Sold

ME-164318

368 County Road 124

$55,000

$2,536/ac · 21.69 ac

Offer report Market this tract

Acreage21.69 ac

Price per acre$2,536/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedApr 23, 2025

Coordinates43.8257, -70.3167

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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

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

View Cumberland market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

385 ft of deeded road frontage.

Power4,156 ft away

Service extension needed; get a utility quote.

Buildable area20.03 of 21.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$60,148

$47,107 – $73,190 · $2,773/ac on 21.69 ac

Asking vs estimate

-8.6%

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 $55,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$34,371

$1,585/ac · +30.0% target margin

You need $20,629 off asking to hit this margin.

All-in cost$37,293

Net resale$55,337

Projected profit$18,044

ROI+48.4%

Annualized+69.2%

Break-even resale$1,869/ac

Profit if resale lands off target

-20%

$6,977

-10%

$12,510

$18,044

+10%

$23,578

+20%

$29,111

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-594883 Dirt · Power at road	32.7	Jul 27, 2026	$110,000	3,368	3,052	6.7 mi	81
ME-883721 Gravel · Power at road	14.1	Jul 27, 2026	$52,500	3,734	2,599	4.5 mi	79
ME-535208 Gravel · Power at road	41.3	Apr 16, 2026	$182,300	4,412	3,625	3.7 mi	78
ME-534020 Dirt · Off grid	17.5	Oct 24, 2024	$38,200	2,185	2,288	5.1 mi	75
ME-904543 Landlocked · Off grid	25.5	Apr 5, 2025	$47,500	1,859	2,543	7.2 mi	74
ME-483352 Paved · Off grid	10.8	Nov 22, 2025	$31,100	2,885	2,009	7.3 mi	74
ME-323502 Gravel · Full utilities	12.0	Nov 8, 2025	$82,300	6,849	3,964	5.6 mi	70
ME-335110 Landlocked · Full utilities	38.5	Oct 1, 2025	$102,200	2,656	2,654	5.0 mi	70
ME-103526 Landlocked · Off grid	12.2	Jun 7, 2024	$27,000	2,209	2,860	6.0 mi	65
ME-105779 Paved · Power at road	62.5	Oct 23, 2025	$166,600	2,666	2,057	4.1 mi	65

Show adjustment detail for the top comp

Tract size (32.66 ac → 21.69 ac)+6.4%
Utilities (Power at road → Off grid)-15.0%

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