Comparable sales & offer analysis
Parcel ME-511848
Kennebec County, ME · 3.62 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,000
Adjusted value
$13,075
Value range
$12,029–$14,121
Comp $/acre
$3,612/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.7% versus the adjusted value.
Offer position
Max allowable offer
$7,471
Offer $/acre
$2,064/ac
Projected profit
$3,922
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-212462 | 5.7 | Dec 16, 2025 | $18,100 | 3,206 | 3,925 | 79 |
| ME-841578 | 3.0 | Mar 14, 2024 | $7,400 | 2,492 | 3,189 | 77 |
| ME-821500 | 2.8 | Mar 19, 2025 | $15,200 | 5,383 | 3,963 | 75 |
| ME-160312 | 1.2 | May 4, 2026 | $4,200 | 3,523 | 3,499 | 70 |
| ME-411499 | 2.8 | May 29, 2024 | $13,500 | 4,792 | 3,763 | 69 |
| ME-812511 | 5.9 | Feb 23, 2025 | $21,800 | 3,715 | 3,280 | 68 |
| ME-540278 | 1.2 | Mar 22, 2026 | $3,300 | 2,850 | 3,555 | 68 |
| ME-900731 | 1.6 | Jan 24, 2025 | $7,000 | 4,347 | 3,698 | 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.