Comparable sales & offer analysis
Parcel ME-298487
Kennebec County, ME · 444 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$475,900
Adjusted value
$669,069
Value range
$499,199–$838,938
Comp $/acre
$1,505/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.9% versus the adjusted value.
Offer position
Max allowable offer
$382,325
Offer $/acre
$860/ac
Projected profit
$200,721
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-208752 | 538.5 | Jan 20, 2025 | $634,800 | 1,179 | 1,958 | 78 |
| ME-627405 | 203.0 | Jul 27, 2026 | $268,500 | 1,323 | 1,082 | 74 |
| ME-517405 | 203.0 | Dec 19, 2025 | $426,200 | 2,100 | 1,998 | 73 |
| ME-317627 | 238.4 | Apr 23, 2025 | $351,900 | 1,476 | 1,100 | 70 |
| ME-119255 | 775.3 | May 21, 2025 | $941,500 | 1,214 | 1,282 | 67 |
| ME-516823 | 133.2 | Jan 13, 2025 | $274,200 | 2,060 | 1,561 | 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.
