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Kennebec County, ME · Sold

ME-821500

8298 County Road 148

$15,000
$5,319/ac · 2.82 ac
Acreage2.82 ac
Price per acre$5,319/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMay 12, 2024
Coordinates44.3971, -69.8659
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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

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

View Kennebec market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands18.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

390 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.20 of 2.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,771
$13,579$15,962 · $5,238/ac on 2.82 ac
Asking vs estimate
+1.6%
In line with 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 $15,000
Maximum allowable offer
$8,440
$2,993/ac · +30.0% target margin

You need $6,560 off asking to hit this margin.

All-in cost$9,157
Net resale$13,589
Projected profit$4,432
ROI+48.4%
Annualized+69.3%
Break-even resale$3,530/ac
Profit if resale lands off target
-20%
$1,714
-10%
$3,073
0%
$4,432
+10%
$5,790
+20%
$7,149
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-511848
Gravel · Off grid
3.6Jun 17, 2025$14,3003,9616,0103.3 mi
77
ME-411499
Paved · Power at road
2.8May 29, 2024$13,5004,7925,4154.8 mi
73
ME-841578
Dirt · Off grid
3.0Mar 14, 2024$7,4002,4924,5904.6 mi
73
ME-900731
Dirt · Full utilities
1.6Jan 24, 2025$7,0004,3475,3225.1 mi
72
ME-160312
Gravel · Off grid
1.2May 4, 2026$4,2003,5235,0348.4 mi
71
ME-212462
Dirt · Off grid
5.7Dec 16, 2025$18,1003,2065,6475.3 mi
69
ME-812511
Dirt · Full utilities
5.9Feb 23, 2025$21,8003,7154,7201.0 mi
69
ME-540278
Landlocked · Power at road
1.2Mar 22, 2026$3,3002,8505,1145.2 mi
69
ME-500138
Dirt · Power at road
1.1Sep 24, 2023$3,5003,3425,2250.9 mi
60
Show adjustment detail for the top comp
  • Tract size (3.62 ac → 2.82 ac)+0.8%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (14 mo)+4.9%

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.