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Somerset County, ME · Sold

ME-654098

9309 County Road 292

$48,400
$2,618/ac · 18.49 ac
Acreage18.49 ac
Price per acre$2,618/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJun 4, 2025
Coordinates45.5980, -70.1168
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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

Somerset County, Maine. North Woods timberland and lakefront camp lots.

View Somerset market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,010 ft of deeded road frontage.

Power7,362 ft away

A long utility run — price in solar/off-grid instead.

Buildable area16.65 of 18.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,281
$35,092$43,470 · $2,124/ac on 18.49 ac
Asking vs estimate
+23.2%
Priced above the comp set

Weighted from 5 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 $48,400
Maximum allowable offer
$22,446
$1,214/ac · +30.0% target margin

You need $25,954 off asking to hit this margin.

All-in cost$24,354
Net resale$36,139
Projected profit$11,785
ROI+48.4%
Annualized+69.3%
Break-even resale$1,432/ac
Profit if resale lands off target
-20%
$4,557
-10%
$8,171
0%
$11,785
+10%
$15,398
+20%
$19,012
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-803605
Dirt · Off grid
12.9May 9, 2026$26,8002,0702,3414.0 mi
80
ME-764864
Dirt · Off grid
32.2Jul 27, 2026$47,6001,4791,86615.1 mi
73
ME-195262
Gravel · Power at road
43.0Dec 19, 2023$86,2002,0062,16113.8 mi
61
ME-783279
Landlocked · Full utilities
10.2Jul 17, 2024$18,1001,7731,86020.5 mi
60
ME-933254
Dirt · Power at road
10.0Jul 4, 2024$23,7002,3642,39317.6 mi
57
Show adjustment detail for the top comp
  • Tract size (12.94 ac → 18.49 ac)-3.8%
  • Access (Dirt → Gravel)+16.3%
  • Market time (3 mo)+1.1%

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.