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Knox County, ME · Sold

ME-399314

5848 County Road 323

$1,342,500
$1,659/ac · 809 ac
Acreage809 ac
Price per acre$1,659/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 7, 2024
Coordinates43.9992, -69.0172
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

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

View Knox market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,892 ft of deeded road frontage.

Power8,034 ft away

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

Buildable area739.48 of 809.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,048,761
$807,738$1,289,783 · $1,296/ac on 809 ac
Asking vs estimate
+28.0%
Priced above the comp set

Weighted from 8 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 $1,342,500
Maximum allowable offer
$599,292
$741/ac · +30.0% target margin

You need $743,208 off asking to hit this margin.

All-in cost$650,232
Net resale$964,860
Projected profit$314,628
ROI+48.4%
Annualized+69.2%
Break-even resale$873/ac
Profit if resale lands off target
-20%
$121,656
-10%
$218,142
0%
$314,628
+10%
$411,114
+20%
$507,600
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-969596
Dirt · Full utilities
992.5Jul 27, 2026$1,565,0001,5771,1734.2 mi
85
ME-569657
Gravel · Off grid
1037.4Mar 6, 2026$963,6009298794.3 mi
80
ME-588184
Landlocked · Full utilities
356.9Jul 27, 2026$512,6001,4369906.0 mi
72
ME-828475
Dirt · Off grid
440.6Sep 5, 2025$698,9001,5861,3707.7 mi
71
ME-359506
Dirt · Power at road
929.9Apr 28, 2024$1,521,0001,6361,5928.2 mi
71
ME-148817
Gravel · Power at road
564.5Feb 4, 2025$1,487,1002,6341,8356.1 mi
68
ME-898607
Landlocked · Power at road
484.8Mar 13, 2025$725,6001,4971,4584.8 mi
67
ME-758089
Gravel · Power at road
333.1Oct 6, 2024$644,7001,9351,1662.4 mi
62
Show adjustment detail for the top comp
  • Tract size (992.54 ac → 809.15 ac)+6.5%
  • 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.