Penobscot County, ME · Sold

ME-616406

3703 County Road 160

$290,900

$2,955/ac · 98.43 ac

Offer report Market this tract

Acreage98.43 ac

Price per acre$2,955/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedMar 9, 2024

Coordinates45.4342, -68.7034

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands30.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power201 ft away

Power at or near the road.

Buildable area64.99 of 98.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$193,594

$141,549 – $245,638 · $1,967/ac on 98.43 ac

Asking vs estimate

+50.3%

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 $290,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$110,625

$1,124/ac · +30.0% target margin

You need $180,275 off asking to hit this margin.

All-in cost$120,028

Net resale$178,106

Projected profit$58,078

ROI+48.4%

Annualized+69.2%

Break-even resale$1,325/ac

Profit if resale lands off target

-20%

$22,457

-10%

$40,267

$58,078

+10%

$75,889

+20%

$93,699

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	2,690	1.9 mi	82
ME-946329 Gravel · Power at road	93.1	Jan 9, 2025	$127,800	1,373	1,706	2.6 mi	78
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	1,560	6.8 mi	78
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	1,505	5.1 mi	77
ME-506792 Gravel · Off grid	130.2	Sep 3, 2025	$161,300	1,239	1,920	3.1 mi	75
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	2,788	8.6 mi	74
ME-977038 Dirt · Off grid	155.6	Jul 27, 2026	$135,800	873	1,588	11.6 mi	74
ME-356135 Dirt · Off grid	80.9	Sep 30, 2024	$73,600	910	1,512	4.8 mi	71
ME-377295 Gravel · Full utilities	187.4	Dec 13, 2025	$443,700	2,368	2,787	6.6 mi	69
ME-667222 Gravel · Power at road	177.8	Aug 1, 2025	$197,500	1,111	1,596	6.8 mi	69

Show adjustment detail for the top comp

Tract size (68.52 ac → 98.43 ac)-8.1%
Access (Gravel → Paved)+18.0%
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