Comparable sales & offer analysis
Parcel ME-603983
Penobscot County, ME · 17.01 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,300
Adjusted value
$25,656
Value range
$18,947–$32,365
Comp $/acre
$1,508/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.1% versus the adjusted value.
Offer position
Max allowable offer
$14,661
Offer $/acre
$862/ac
Projected profit
$7,697
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-313387 | 11.1 | Jul 27, 2026 | $30,100 | 2,723 | 1,514 | 80 |
| ME-594174 | 19.5 | Apr 3, 2025 | $45,700 | 2,340 | 1,720 | 79 |
| ME-853705 | 13.9 | Apr 13, 2026 | $53,300 | 3,831 | 2,209 | 73 |
| ME-473773 | 14.6 | Jun 7, 2025 | $24,600 | 1,686 | 1,008 | 71 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 965 | 70 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,023 | 69 |
| ME-233700 | 13.9 | Aug 4, 2024 | $42,800 | 3,091 | 1,616 | 68 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 1,894 | 65 |
| ME-134149 | 19.2 | Dec 12, 2023 | $34,300 | 1,786 | 1,361 | 65 |
| ME-394169 | 19.5 | Nov 15, 2023 | $51,700 | 2,654 | 1,748 | 64 |
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.