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Penobscot County, ME · Sold

ME-271182

7434 County Road 364

$4,700
$2,098/ac · 2.24 ac
Acreage2.24 ac
Price per acre$2,098/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedAug 21, 2024
Coordinates45.4125, -68.5224
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

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
42
Moderate risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope17.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power81 ft away

Power at or near the road.

Buildable area1.70 of 2.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,752
$3,615$5,889 · $2,121/ac on 2.24 ac
Asking vs estimate
-1.1%
In line with the comp set

Weighted from 7 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 $4,700
Maximum allowable offer
$2,715
$1,212/ac · +30.0% target margin

You need $1,985 off asking to hit this margin.

All-in cost$2,946
Net resale$4,372
Projected profit$1,426
ROI+48.4%
Annualized+69.3%
Break-even resale$1,429/ac
Profit if resale lands off target
-20%
$552
-10%
$989
0%
$1,426
+10%
$1,863
+20%
$2,300
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-231182
Gravel · Power at road
2.2Jul 27, 2026$6,7003,0052,0485.5 mi
88
ME-521155
Landlocked · Full utilities
2.2May 21, 2026$7,4003,3732,79113.2 mi
86
ME-611320
Gravel · Off grid
2.5Apr 15, 2026$8,3003,3782,7477.6 mi
85
ME-270440
Landlocked · Power at road
1.3Jul 27, 2026$1,9001,4391,4288.4 mi
79
ME-801452
Dirt · Power at road
2.7Oct 25, 2025$5,9002,1551,7704.0 mi
79
ME-670754
Paved · Off grid
1.6Jul 6, 2025$3,7002,2601,59414.1 mi
68
ME-390534
Gravel · Off grid
1.4Jul 24, 2024$3,8002,7052,3325.2 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%

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.