Penobscot County, ME · Sold

ME-233700

360 County Road 78

$48,800

$3,521/ac · 13.86 ac

Offer report Market this tract

Acreage13.86 ac

Price per acre$3,521/ac

ZoningAgricultural

Road accessPaved

UtilitiesPower at road

TopographyMixed

ListedMar 11, 2024

Coordinates45.3861, -68.6568

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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

374 ft of deeded road frontage.

Power229 ft away

Power at or near the road.

Buildable area12.03 of 13.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$42,072

$30,436 – $53,707 · $3,035/ac on 13.86 ac

Asking vs estimate

+16.0%

Priced above the comp set

Weighted from 8 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 $48,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$24,041

$1,735/ac · +30.0% target margin

You need $24,759 off asking to hit this margin.

All-in cost$26,084

Net resale$38,706

Projected profit$12,621

ROI+48.4%

Annualized+69.2%

Break-even resale$2,046/ac

Profit if resale lands off target

-20%

$4,880

-10%

$8,751

$12,621

+10%

$16,492

+20%

$20,363

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-313387 Paved · Off grid	11.1	Jul 27, 2026	$30,100	2,723	3,143	3.0 mi	86
ME-853705 Gravel · Power at road	13.9	Apr 13, 2026	$53,300	3,831	4,587	8.5 mi	84
ME-473773 Paved · Off grid	14.6	Jun 7, 2025	$24,600	1,686	2,094	7.2 mi	82
ME-603983 Landlocked · Off grid	17.0	Jul 27, 2026	$19,700	1,156	2,419	7.1 mi	81
ME-673025 Dirt · Full utilities	8.5	Jul 27, 2026	$15,700	1,852	2,002	6.8 mi	77
ME-594174 Gravel · Off grid	19.5	Apr 3, 2025	$45,700	2,340	3,572	0.7 mi	73
ME-394169 Gravel · Power at road	19.5	Nov 15, 2023	$51,700	2,654	3,631	7.2 mi	71
ME-134149 Dirt · Power at road	19.2	Dec 12, 2023	$34,300	1,786	2,827	6.8 mi	67

Show adjustment detail for the top comp

Tract size (11.05 ac → 13.86 ac)-2.1%
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.

Build the listing kit Post a deal or JV