Penobscot County, ME · Sold

ME-185477

4469 County Road 15

$118,600

$2,362/ac · 50.22 ac

Offer report Market this tract

Acreage50.22 ac

Price per acre$2,362/ac

ZoningRecreational

Road accessPaved

UtilitiesFull utilities

TopographyWooded

ListedDec 18, 2023

Coordinates45.4178, -68.7733

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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,191 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area46.52 of 50.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$151,143

$109,530 – $192,755 · $3,010/ac on 50.22 ac

Asking vs estimate

-21.5%

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 $118,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$86,367

$1,720/ac · +30.0% target margin

You need $32,233 off asking to hit this margin.

All-in cost$93,708

Net resale$139,051

Projected profit$45,343

ROI+48.4%

Annualized+69.3%

Break-even resale$2,028/ac

Profit if resale lands off target

-20%

$17,533

-10%

$31,438

$45,343

+10%

$59,248

+20%

$73,154

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	3,814	4.3 mi	85
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	2,135	8.4 mi	84
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	3,954	8.5 mi	81
ME-795512 Paved · Off grid	51.5	Jun 19, 2025	$123,900	2,405	3,638	13.3 mi	80
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	2,213	10.4 mi	76
ME-506792 Gravel · Off grid	130.2	Sep 3, 2025	$161,300	1,239	2,723	4.7 mi	69
ME-356135 Dirt · Off grid	80.9	Sep 30, 2024	$73,600	910	2,145	3.4 mi	68
ME-946329 Gravel · Power at road	93.1	Jan 9, 2025	$127,800	1,373	2,419	3.6 mi	66
ME-603983 Landlocked · Off grid	17.0	Jul 27, 2026	$19,700	1,156	2,433	12.9 mi	66
ME-616406 Paved · Power at road	98.4	May 7, 2024	$281,600	2,861	4,445	3.6 mi	66

Show adjustment detail for the top comp

Tract size (68.52 ac → 50.22 ac)+6.8%
Access (Gravel → Paved)+18.0%
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.

Build the listing kit Post a deal or JV