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Kennebec County, ME · Sold

ME-516823

2574 County Road 372

$264,700
$1,988/ac · 133 ac
Acreage133 ac
Price per acre$1,988/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 23, 2024
Coordinates44.4411, -69.7255
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

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

View Kennebec market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands39.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,164 ft of deeded road frontage.

Power11,926 ft away

A long utility run — price in solar/off-grid instead.

Buildable area76.53 of 133.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$257,212
$191,718$322,705 · $1,932/ac on 133 ac
Asking vs estimate
+2.9%
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 $264,700
Maximum allowable offer
$146,978
$1,104/ac · +30.0% target margin

You need $117,722 off asking to hit this margin.

All-in cost$159,471
Net resale$236,635
Projected profit$77,164
ROI+48.4%
Annualized+69.2%
Break-even resale$1,302/ac
Profit if resale lands off target
-20%
$29,837
-10%
$53,500
0%
$77,164
+10%
$100,827
+20%
$124,491
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-136699
Dirt · Power at road
121.7Jul 27, 2026$199,8001,6411,5889.1 mi
82
ME-627405
Landlocked · Full utilities
203.0Jul 27, 2026$268,5001,3231,5227.6 mi
81
ME-856108
Gravel · Power at road
79.3Jul 19, 2026$232,6002,9322,20010.4 mi
81
ME-685498
Gravel · Power at road
51.0Jul 24, 2026$108,2002,1221,4455.1 mi
78
ME-517405
Dirt · Off grid
203.0Dec 19, 2025$426,2002,1002,8126.0 mi
75
ME-835226
Gravel · Off grid
41.9Jul 27, 2026$143,4003,4252,6416.0 mi
74
ME-298487
Gravel · Off grid
444.5Jul 27, 2026$500,2001,1251,5876.6 mi
73
ME-317627
Paved · Off grid
238.4Apr 23, 2025$351,9001,4761,5483.3 mi
70
ME-946045
Dirt · Power at road
75.8Aug 18, 2024$171,4002,2612,1086.4 mi
63
Show adjustment detail for the top comp
  • Tract size (121.71 ac → 133.15 ac)-2.3%
  • Access (Dirt → Gravel)+16.3%
  • 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.