Comparable sales & offer analysis
Parcel ME-516823
Kennebec County, ME · 133 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$264,700
Adjusted value
$258,660
Value range
$192,817–$324,503
Comp $/acre
$1,943/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.3% versus the adjusted value.
Offer position
Max allowable offer
$147,806
Offer $/acre
$1,110/ac
Projected profit
$77,598
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-136699 | 121.7 | Jul 27, 2026 | $199,800 | 1,641 | 1,597 | 80 |
| ME-627405 | 203.0 | Jul 27, 2026 | $268,500 | 1,323 | 1,531 | 80 |
| ME-856108 | 79.3 | Jul 19, 2026 | $232,600 | 2,932 | 2,212 | 79 |
| ME-685498 | 51.0 | Jul 24, 2026 | $108,200 | 2,122 | 1,453 | 77 |
| ME-517405 | 203.0 | Dec 19, 2025 | $426,200 | 2,100 | 2,827 | 74 |
| ME-835226 | 41.9 | Jul 27, 2026 | $143,400 | 3,425 | 2,655 | 73 |
| ME-298487 | 444.5 | Jul 27, 2026 | $500,200 | 1,125 | 1,596 | 71 |
| ME-317627 | 238.4 | Apr 23, 2025 | $351,900 | 1,476 | 1,556 | 69 |
| ME-946045 | 75.8 | Aug 18, 2024 | $171,400 | 2,261 | 2,119 | 63 |
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.