Comparable sales & offer analysis
Parcel ME-390534
Penobscot County, ME · 1.40 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,900
Adjusted value
$3,617
Value range
$2,725–$4,509
Comp $/acre
$2,584/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.8% versus the adjusted value.
Offer position
Max allowable offer
$2,067
Offer $/acre
$1,476/ac
Projected profit
$1,085
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-270440 | 1.3 | Jul 27, 2026 | $1,900 | 1,439 | 1,811 | 84 |
| ME-231182 | 2.2 | Jul 27, 2026 | $6,700 | 3,005 | 2,596 | 79 |
| ME-611320 | 2.5 | Apr 15, 2026 | $8,300 | 3,378 | 3,482 | 77 |
| ME-521155 | 2.2 | May 21, 2026 | $7,400 | 3,373 | 3,538 | 73 |
| ME-670754 | 1.6 | Jul 6, 2025 | $3,700 | 2,260 | 2,020 | 72 |
| ME-801452 | 2.7 | Oct 25, 2025 | $5,900 | 2,155 | 2,244 | 69 |
| ME-271182 | 2.2 | Feb 23, 2025 | $4,000 | 1,798 | 2,420 | 67 |
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.