Penobscot County, ME · Sold

ME-667222

1209 County Road 344

$215,900

$1,214/ac · 178 ac

Offer report Market this tract

Acreage178 ac

Price per acre$1,214/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyMixed

ListedJan 31, 2025

Coordinates45.5201, -68.6351

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power42 ft away

Power at or near the road.

Buildable area157.40 of 177.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$279,796

$207,529 – $352,062 · $1,574/ac on 178 ac

Asking vs estimate

-22.8%

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 $215,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$159,883

$899/ac · +30.0% target margin

You need $56,017 off asking to hit this margin.

All-in cost$173,473

Net resale$257,412

Projected profit$83,939

ROI+48.4%

Annualized+69.3%

Break-even resale$1,061/ac

Profit if resale lands off target

-20%

$32,457

-10%

$58,198

$83,939

+10%

$109,680

+20%

$135,422

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-977038 Dirt · Off grid	155.6	Jul 27, 2026	$135,800	873	1,154	15.5 mi	78
ME-377295 Gravel · Full utilities	187.4	Dec 13, 2025	$443,700	2,368	2,025	13.4 mi	78
ME-506792 Gravel · Off grid	130.2	Sep 3, 2025	$161,300	1,239	1,395	5.3 mi	75
ME-655906 Gravel · Off grid	68.5	Jul 27, 2026	$144,200	2,104	1,954	5.5 mi	74
ME-745926 Dirt · Off grid	69.5	Jul 4, 2026	$72,500	1,044	1,133	5.2 mi	71
ME-946329 Gravel · Power at road	93.1	Jan 9, 2025	$127,800	1,373	1,239	9.1 mi	71
ME-187771 Landlocked · Power at road	264.6	Sep 5, 2025	$246,000	930	1,589	10.2 mi	70
ME-616406 Paved · Power at road	98.4	May 7, 2024	$281,600	2,861	2,277	6.8 mi	64
ME-828078 Dirt · Power at road	330.5	Jan 27, 2025	$426,000	1,289	1,904	15.1 mi	62
ME-356135 Dirt · Off grid	80.9	Sep 30, 2024	$73,600	910	1,099	8.5 mi	60

Show adjustment detail for the top comp

Tract size (155.59 ac → 177.77 ac)-3.5%
Access (Dirt → Gravel)+16.3%
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