Comparable sales & offer analysis
Parcel ME-189374
Hancock County, ME · 845 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$878,800
Adjusted value
$1,176,447
Value range
$954,992–$1,397,901
Comp $/acre
$1,392/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.3% versus the adjusted value.
Offer position
Max allowable offer
$672,255
Offer $/acre
$795/ac
Projected profit
$352,934
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| ME-719248 | 771.4 | Jul 27, 2026 | $1,152,200 | 1,494 | 1,244 | 89 |
| ME-699292 | 796.4 | Jul 27, 2026 | $1,649,800 | 2,072 | 1,428 | 83 |
| ME-259857 | 1199.1 | Oct 27, 2025 | $1,236,800 | 1,031 | 1,757 | 74 |
| ME-889278 | 788.3 | Mar 11, 2025 | $1,772,300 | 2,248 | 1,634 | 74 |
| ME-959998 | 1328.1 | Nov 9, 2024 | $1,161,000 | 874 | 923 | 71 |
| ME-208310 | 391.0 | Dec 3, 2025 | $947,900 | 2,424 | 1,430 | 67 |
| ME-227800 | 270.2 | Jan 8, 2026 | $733,500 | 2,714 | 1,610 | 65 |
| ME-477718 | 254.6 | Jul 8, 2024 | $511,500 | 2,009 | 1,105 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.