Penobscot County, ME · Sold

ME-946329

1723 County Road 84

$148,300

$1,593/ac · 93.09 ac

Offer report Market this tract

Acreage93.09 ac

Price per acre$1,593/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedNov 29, 2024

Coordinates45.3973, -68.7045

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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

Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope19.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power107 ft away

Power at or near the road.

Buildable area69.26 of 93.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$168,884

$121,597 – $216,172 · $1,814/ac on 93.09 ac

Asking vs estimate

-12.2%

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 $148,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$96,505

$1,037/ac · +30.0% target margin

You need $51,795 off asking to hit this margin.

All-in cost$104,708

Net resale$155,374

Projected profit$50,666

ROI+48.4%

Annualized+69.3%

Break-even resale$1,223/ac

Profit if resale lands off target

-20%

$19,591

-10%

$35,128

$50,666

+10%

$66,203

+20%

$81,741

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-655906 Gravel · Off grid	68.5	Jul 27, 2026	$144,200	2,104	2,310	4.4 mi	83
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	1,340	7.9 mi	78
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	1,293	7.2 mi	76
ME-616406 Paved · Power at road	98.4	May 7, 2024	$281,600	2,861	2,693	2.6 mi	76
ME-506792 Gravel · Off grid	130.2	Sep 3, 2025	$161,300	1,239	1,649	5.6 mi	75
ME-977038 Dirt · Off grid	155.6	Jul 27, 2026	$135,800	873	1,364	9.8 mi	75
ME-667222 Gravel · Power at road	177.8	Aug 1, 2025	$197,500	1,111	1,371	9.1 mi	74
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	2,395	6.1 mi	72
ME-377295 Gravel · Full utilities	187.4	Dec 13, 2025	$443,700	2,368	2,394	4.3 mi	72
ME-356135 Dirt · Off grid	80.9	Sep 30, 2024	$73,600	910	1,299	6.3 mi	71

Show adjustment detail for the top comp

Tract size (68.52 ac → 93.09 ac)-6.9%
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