Hancock County, ME · Sold

ME-562915

2848 County Road 114

$23,400

$2,981/ac · 7.85 ac

Offer report Market this tract

Acreage7.85 ac

Price per acre$2,981/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedSep 8, 2024

Coordinates44.4742, -68.4902

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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

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

View Hancock market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

446 ft of deeded road frontage.

Power4,674 ft away

Service extension needed; get a utility quote.

Buildable area7.39 of 7.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$27,841

$23,540 – $32,141 · $3,547/ac on 7.85 ac

Asking vs estimate

-15.9%

Priced below the comp set

Weighted from 9 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 $23,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$15,909

$2,027/ac · +30.0% target margin

You need $7,491 off asking to hit this margin.

All-in cost$17,261

Net resale$25,613

Projected profit$8,352

ROI+48.4%

Annualized+69.2%

Break-even resale$2,390/ac

Profit if resale lands off target

-20%

$3,229

-10%

$5,791

$8,352

+10%

$10,913

+20%

$13,475

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-904123 Gravel · Off grid	18.8	Jul 27, 2026	$55,000	2,922	3,178	12.2 mi	73
ME-572262 Landlocked · Power at road	4.9	Oct 1, 2025	$16,500	3,380	4,267	11.7 mi	71
ME-653972 Dirt · Power at road	16.9	Oct 9, 2025	$51,800	3,071	3,366	2.1 mi	70
ME-923329 Dirt · Power at road	10.6	Aug 17, 2025	$26,500	2,501	2,634	13.7 mi	68
ME-562035 Landlocked · Power at road	4.2	Jun 25, 2025	$11,300	2,720	3,447	4.3 mi	67
ME-813409 Gravel · Full utilities	11.2	Nov 25, 2023	$51,600	4,595	3,667	11.1 mi	65
ME-983658 Dirt · Full utilities	13.4	May 6, 2025	$45,900	3,414	3,046	17.8 mi	61
ME-531603 Paved · Power at road	3.0	Dec 2, 2025	$18,500	6,112	4,339	16.3 mi	60
ME-364115 Gravel · Full utilities	18.7	Mar 2, 2024	$92,000	4,916	4,096	9.9 mi	59

Show adjustment detail for the top comp

Tract size (18.83 ac → 7.85 ac)+8.5%

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