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Penobscot County, ME · Sold

ME-187771

8898 County Road 50

$239,500
$905/ac · 265 ac
Acreage265 ac
Price per acre$905/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJun 13, 2025
Coordinates45.3873, -68.5423
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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

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

View Penobscot market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope29.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power112 ft away

Power at or near the road.

Buildable area148.43 of 264.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$256,395
$191,834$320,957 · $969/ac on 265 ac
Asking vs estimate
-6.6%
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 $239,500
Maximum allowable offer
$146,512
$554/ac · +30.0% target margin

You need $92,988 off asking to hit this margin.

All-in cost$158,966
Net resale$235,884
Projected profit$76,918
ROI+48.4%
Annualized+69.2%
Break-even resale$653/ac
Profit if resale lands off target
-20%
$29,741
-10%
$53,330
0%
$76,918
+10%
$100,507
+20%
$124,095
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-977038
Dirt · Off grid
155.6Jul 27, 2026$135,8008737025.8 mi
77
ME-828078
Dirt · Power at road
330.5Jan 27, 2025$426,0001,2891,15811.7 mi
74
ME-377295
Gravel · Full utilities
187.4Dec 13, 2025$443,7002,3681,23110.4 mi
71
ME-667222
Gravel · Power at road
177.8Aug 1, 2025$197,5001,11170510.2 mi
70
ME-288916
Dirt · Off grid
606.5Jan 11, 2025$535,9008841,1223.9 mi
68
ME-506792
Gravel · Off grid
130.2Sep 3, 2025$161,3001,23984810.9 mi
68
ME-409116
Gravel · Off grid
701.0Feb 12, 2025$686,3009791,1143.3 mi
62
ME-946329
Gravel · Power at road
93.1Jan 9, 2025$127,8001,3737547.9 mi
61
ME-616406
Paved · Power at road
98.4May 7, 2024$281,6002,8611,3858.5 mi
58
ME-356135
Dirt · Off grid
80.9Sep 30, 2024$73,60091066813.3 mi
53
Show adjustment detail for the top comp
  • Tract size (155.59 ac → 264.59 ac)-13.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.