Penobscot County, ME · Sold

ME-394169

2553 County Road 274

$59,400

$3,051/ac · 19.47 ac

Offer report Market this tract

Acreage19.47 ac

Price per acre$3,051/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedOct 4, 2023

Coordinates45.4301, -68.7918

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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

Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,136 ft of deeded road frontage.

Power214 ft away

Power at or near the road.

Buildable area15.89 of 19.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$47,697

$34,523 – $60,870 · $2,450/ac on 19.47 ac

Asking vs estimate

+24.5%

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 $59,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$27,255

$1,400/ac · +30.0% target margin

You need $32,145 off asking to hit this margin.

All-in cost$29,572

Net resale$43,881

Projected profit$14,309

ROI+48.4%

Annualized+69.3%

Break-even resale$1,651/ac

Profit if resale lands off target

-20%

$5,533

-10%

$9,921

$14,309

+10%

$18,697

+20%

$23,085

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-853705 Gravel · Power at road	13.9	Apr 13, 2026	$53,300	3,831	3,740	8.0 mi	80
ME-603983 Landlocked · Off grid	17.0	Jul 27, 2026	$19,700	1,156	1,972	13.9 mi	78
ME-594174 Gravel · Off grid	19.5	Apr 3, 2025	$45,700	2,340	2,913	7.3 mi	78
ME-925469 Landlocked · Power at road	49.9	Jul 27, 2026	$50,300	1,007	1,731	8.8 mi	76
ME-313387 Paved · Off grid	11.1	Jul 27, 2026	$30,100	2,723	2,563	5.0 mi	76
ME-473773 Paved · Off grid	14.6	Jun 7, 2025	$24,600	1,686	1,707	5.4 mi	76
ME-134149 Dirt · Power at road	19.2	Dec 12, 2023	$34,300	1,786	2,306	5.0 mi	75
ME-233700 Paved · Power at road	13.9	Aug 4, 2024	$42,800	3,091	2,736	7.2 mi	73
ME-673025 Dirt · Full utilities	8.5	Jul 27, 2026	$15,700	1,852	1,633	5.9 mi	72
ME-775437 Dirt · Off grid	48.8	Apr 20, 2026	$97,200	1,993	3,206	9.7 mi	66

Show adjustment detail for the top comp

Tract size (13.91 ac → 19.47 ac)-3.7%
Market time (4 mo)+1.4%

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