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Penobscot County, ME · Sold

ME-288916

3494 County Road 194

$555,900
$917/ac · 606 ac
Acreage606 ac
Price per acre$917/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedNov 11, 2023
Coordinates45.4433, -68.5545
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
14
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope15.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,115 ft of deeded road frontage.

Power3,064 ft away

Service extension needed; get a utility quote.

Buildable area484.69 of 606.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$540,852
$454,072$627,631 · $892/ac on 606 ac
Asking vs estimate
+2.8%
In line with the comp set

Weighted from 6 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 $555,900
Maximum allowable offer
$309,058
$510/ac · +30.0% target margin

You need $246,842 off asking to hit this margin.

All-in cost$335,328
Net resale$497,584
Projected profit$162,256
ROI+48.4%
Annualized+69.2%
Break-even resale$601/ac
Profit if resale lands off target
-20%
$62,739
-10%
$112,497
0%
$162,256
+10%
$212,014
+20%
$261,772
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-409116
Gravel · Off grid
701.0Feb 12, 2025$686,3009799367.1 mi
74
ME-187771
Landlocked · Power at road
264.6Sep 5, 2025$246,0009308123.9 mi
71
ME-449647
Dirt · Off grid
1029.9Jun 8, 2025$820,30079798412.0 mi
69
ME-828078
Dirt · Power at road
330.5Jan 27, 2025$426,0001,28997313.2 mi
68
ME-667222
Gravel · Power at road
177.8Aug 1, 2025$197,5001,1115936.6 mi
60
ME-377295
Gravel · Full utilities
187.4Dec 13, 2025$443,7002,3681,03411.6 mi
60
Show adjustment detail for the top comp
  • Tract size (701.03 ac → 606.47 ac)+4.5%
  • Access (Gravel → Dirt)-14.0%
  • Market time (18 mo)+6.3%

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.