Penobscot County, ME · Sold

ME-473773

3146 County Road 348

$26,200

$1,793/ac · 14.61 ac

Offer report Market this tract

Acreage14.61 ac

Price per acre$1,793/ac

ZoningAgricultural

Road accessPaved

UtilitiesOff grid

TopographySloped

ListedAug 28, 2024

Coordinates45.3518, -68.7975

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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

Low risk

Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope18.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

350 ft of deeded road frontage.

Power11,058 ft away

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

Buildable area11.37 of 14.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$39,195

$29,465 – $48,924 · $2,683/ac on 14.61 ac

Asking vs estimate

-33.2%

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 $26,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$22,397

$1,533/ac · +30.0% target margin

You need $3,803 off asking to hit this margin.

All-in cost$24,301

Net resale$36,059

Projected profit$11,758

ROI+48.4%

Annualized+69.2%

Break-even resale$1,808/ac

Profit if resale lands off target

-20%

$4,547

-10%

$8,152

$11,758

+10%

$15,364

+20%

$18,970

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-313387 Paved · Off grid	11.1	Jul 27, 2026	$30,100	2,723	2,657	4.3 mi	86
ME-853705 Gravel · Power at road	13.9	Apr 13, 2026	$53,300	3,831	3,877	2.6 mi	84
ME-603983 Landlocked · Off grid	17.0	Jul 27, 2026	$19,700	1,156	2,045	14.2 mi	80
ME-233700 Paved · Power at road	13.9	Aug 4, 2024	$42,800	3,091	2,836	7.2 mi	79
ME-673025 Dirt · Full utilities	8.5	Jul 27, 2026	$15,700	1,852	1,693	10.2 mi	73
ME-594174 Gravel · Off grid	19.5	Apr 3, 2025	$45,700	2,340	3,020	7.7 mi	71
ME-394169 Gravel · Power at road	19.5	Nov 15, 2023	$51,700	2,654	3,070	5.4 mi	71
ME-134149 Dirt · Power at road	19.2	Dec 12, 2023	$34,300	1,786	2,390	0.5 mi	70
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	1,795	12.4 mi	69
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	3,324	6.0 mi	68

Show adjustment detail for the top comp

Tract size (11.05 ac → 14.61 ac)-2.6%

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.

Build the listing kit Post a deal or JV