Penobscot County, ME · Sold

ME-506792

1796 County Road 103

$155,700

$1,196/ac · 130 ac

Offer report Market this tract

Acreage130 ac

Price per acre$1,196/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedOct 30, 2024

Coordinates45.4768, -68.7263

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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

Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,690 ft of deeded road frontage.

Power2,224 ft away

Service extension needed; get a utility quote.

Buildable area102.38 of 130.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$177,478

$127,784 – $227,171 · $1,363/ac on 130 ac

Asking vs estimate

-12.3%

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 $155,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$101,416

$779/ac · +30.0% target margin

You need $54,284 off asking to hit this margin.

All-in cost$110,036

Net resale$163,279

Projected profit$53,243

ROI+48.4%

Annualized+69.2%

Break-even resale$919/ac

Profit if resale lands off target

-20%

$20,587

-10%

$36,915

$53,243

+10%

$69,571

+20%

$85,899

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	1,805	1.3 mi	87
ME-977038 Dirt · Off grid	155.6	Jul 27, 2026	$135,800	873	1,066	14.7 mi	79
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	1,047	7.7 mi	75
ME-667222 Gravel · Power at road	177.8	Aug 1, 2025	$197,500	1,111	1,071	5.3 mi	75
ME-377295 Gravel · Full utilities	187.4	Dec 13, 2025	$443,700	2,368	1,870	9.3 mi	74
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	1,010	4.7 mi	72
ME-946329 Gravel · Power at road	93.1	Jan 9, 2025	$127,800	1,373	1,145	5.6 mi	72
ME-616406 Paved · Power at road	98.4	May 7, 2024	$281,600	2,861	2,104	3.1 mi	69
ME-356135 Dirt · Off grid	80.9	Sep 30, 2024	$73,600	910	1,015	3.3 mi	69
ME-187771 Landlocked · Power at road	264.6	Sep 5, 2025	$246,000	930	1,468	10.9 mi	68

Show adjustment detail for the top comp

Tract size (68.52 ac → 130.19 ac)-14.4%

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