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Penobscot County, ME · Sold

ME-377295

896 County Road 59

$418,600
$2,233/ac · 187 ac
Acreage187 ac
Price per acre$2,233/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedOct 17, 2025
Coordinates45.3432, -68.7476
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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
44
Moderate risk
Wetlands48.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,237 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area91.34 of 187.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$333,700
$245,623$421,777 · $1,780/ac on 187 ac
Asking vs estimate
+25.4%
Priced above 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 $418,600
Maximum allowable offer
$190,686
$1,017/ac · +30.0% target margin

You need $227,914 off asking to hit this margin.

All-in cost$206,894
Net resale$307,004
Projected profit$100,110
ROI+48.4%
Annualized+69.2%
Break-even resale$1,200/ac
Profit if resale lands off target
-20%
$38,709
-10%
$69,409
0%
$100,110
+10%
$130,810
+20%
$161,510
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-977038
Dirt · Off grid
155.6Jul 27, 2026$135,8008731,3879.9 mi
84
ME-667222
Gravel · Power at road
177.8Aug 1, 2025$197,5001,1111,39513.4 mi
75
ME-506792
Gravel · Off grid
130.2Sep 3, 2025$161,3001,2391,6779.3 mi
72
ME-655906
Gravel · Off grid
68.5Jul 27, 2026$144,2002,1042,3508.3 mi
72
ME-187771
Landlocked · Power at road
264.6Sep 5, 2025$246,0009301,91110.4 mi
69
ME-828078
Dirt · Power at road
330.5Jan 27, 2025$426,0001,2892,2891.7 mi
68
ME-946329
Gravel · Power at road
93.1Jan 9, 2025$127,8001,3731,4904.3 mi
67
ME-745926
Dirt · Off grid
69.5Jul 4, 2026$72,5001,0441,36311.9 mi
66
ME-616406
Paved · Power at road
98.4May 7, 2024$281,6002,8612,7386.6 mi
62
ME-356135
Dirt · Off grid
80.9Sep 30, 2024$73,6009101,3218.7 mi
59
Show adjustment detail for the top comp
  • Tract size (155.59 ac → 187.42 ac)-4.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.