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Penobscot County, ME · Sold

ME-745926

1824 County Road 248

$68,700
$988/ac · 69.52 ac
Acreage69.52 ac
Price per acre$988/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 15, 2025
Coordinates45.4614, -68.5685
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
20
Low risk
Wetlands16.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

683 ft of deeded road frontage.

Power726 ft away

Power at or near the road.

Buildable area55.15 of 69.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$98,406
$70,904$125,909 · $1,416/ac on 69.52 ac
Asking vs estimate
-30.2%
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 $68,700
Maximum allowable offer
$56,232
$809/ac · +30.0% target margin

You need $12,468 off asking to hit this margin.

All-in cost$61,012
Net resale$90,534
Projected profit$29,522
ROI+48.4%
Annualized+69.3%
Break-even resale$954/ac
Profit if resale lands off target
-20%
$11,415
-10%
$20,469
0%
$29,522
+10%
$38,575
+20%
$47,629
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-655906
Gravel · Off grid
68.5Jul 27, 2026$144,2002,1041,8086.9 mi
87
ME-925469
Landlocked · Power at road
49.9Jul 27, 2026$50,3001,0071,0123.6 mi
81
ME-775437
Dirt · Off grid
48.8Apr 20, 2026$97,2001,9931,87412.0 mi
77
ME-356135
Dirt · Off grid
80.9Sep 30, 2024$73,6009101,01610.8 mi
77
ME-977038
Dirt · Off grid
155.6Jul 27, 2026$135,8008731,06711.0 mi
74
ME-795512
Paved · Off grid
51.5Jun 19, 2025$123,9002,4051,7248.3 mi
72
ME-506792
Gravel · Off grid
130.2Sep 3, 2025$161,3001,2391,2907.7 mi
68
ME-946329
Gravel · Power at road
93.1Jan 9, 2025$127,8001,3731,1477.9 mi
68
ME-616406
Paved · Power at road
98.4May 7, 2024$281,6002,8612,1076.8 mi
66
ME-185477
Paved · Full utilities
50.2Sep 30, 2024$107,2002,1351,09110.4 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%

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.