Penobscot County, ME · Sold

ME-356135

4391 County Road 283

$74,900

$926/ac · 80.89 ac

Offer report Market this tract

Acreage80.89 ac

Price per acre$926/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedApr 5, 2024

Coordinates45.4651, -68.7923

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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

5 items to verify before you offer.

Risk index

Low risk

Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,664 ft away

Service extension needed; get a utility quote.

Buildable area66.47 of 80.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$110,331

$79,658 – $141,005 · $1,364/ac on 80.89 ac

Asking vs estimate

-32.1%

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 $74,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$63,046

$779/ac · +30.0% target margin

You need $11,854 off asking to hit this margin.

All-in cost$68,405

Net resale$101,505

Projected profit$33,100

ROI+48.4%

Annualized+69.3%

Break-even resale$919/ac

Profit if resale lands off target

-20%

$12,799

-10%

$22,949

$33,100

+10%

$43,250

+20%

$53,401

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	1,013	10.8 mi	88
ME-655906 Gravel · Off grid	68.5	Jul 27, 2026	$144,200	2,104	1,746	4.0 mi	85
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	977	8.0 mi	76
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	1,810	11.8 mi	75
ME-977038 Dirt · Off grid	155.6	Jul 27, 2026	$135,800	873	1,031	16.1 mi	74
ME-506792 Gravel · Off grid	130.2	Sep 3, 2025	$161,300	1,239	1,246	3.3 mi	73
ME-946329 Gravel · Power at road	93.1	Jan 9, 2025	$127,800	1,373	1,108	6.3 mi	72
ME-616406 Paved · Power at road	98.4	May 7, 2024	$281,600	2,861	2,035	4.8 mi	70
ME-185477 Paved · Full utilities	50.2	Sep 30, 2024	$107,200	2,135	1,054	3.4 mi	68
ME-795512 Paved · Off grid	51.5	Jun 19, 2025	$123,900	2,405	1,666	15.6 mi	66

Show adjustment detail for the top comp

Tract size (69.52 ac → 80.89 ac)-3.4%
Market time (1 mo)+0.5%

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.

Build the listing kit Post a deal or JV