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Penobscot County, ME · Sold

ME-449647

2803 County Road 142

$792,600
$770/ac · 1,030 ac
Acreage1,030 ac
Price per acre$770/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 11, 2025
Coordinates45.5277, -68.7709
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

7,366 ft of deeded road frontage.

Power6,816 ft away

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

Buildable area974.49 of 1029.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$822,174
$756,400$887,948 · $798/ac on 1,030 ac
Asking vs estimate
-3.6%
In line with the comp set

Weighted from 5 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 $792,600
Maximum allowable offer
$469,814
$456/ac · +30.0% target margin

You need $322,786 off asking to hit this margin.

All-in cost$509,748
Net resale$756,400
Projected profit$246,652
ROI+48.4%
Annualized+69.2%
Break-even resale$538/ac
Profit if resale lands off target
-20%
$95,372
-10%
$171,012
0%
$246,652
+10%
$322,292
+20%
$397,932
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-288916
Dirt · Off grid
606.5Jan 11, 2025$535,90088480112.0 mi
67
ME-409116
Gravel · Off grid
701.0Feb 12, 2025$686,30097979516.8 mi
64
ME-828078
Dirt · Power at road
330.5Jan 27, 2025$426,0001,28982614.3 mi
57
ME-377295
Gravel · Full utilities
187.4Dec 13, 2025$443,7002,36887912.8 mi
55
ME-187771
Landlocked · Power at road
264.6Sep 5, 2025$246,00093069014.7 mi
55
Show adjustment detail for the top comp
  • Tract size (606.47 ac → 1029.9 ac)-15.1%
  • Market time (19 mo)+6.7%

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.