Comparable sales & offer analysis
Parcel ME-187771
Penobscot County, ME · 265 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$239,500
Adjusted value
$257,853
Value range
$192,955–$322,751
Comp $/acre
$975/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.1% versus the adjusted value.
Offer position
Max allowable offer
$147,344
Offer $/acre
$557/ac
Projected profit
$77,356
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-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 706 | 75 |
| ME-828078 | 330.5 | Jan 27, 2025 | $426,000 | 1,289 | 1,164 | 73 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 1,238 | 70 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 709 | 69 |
| ME-288916 | 606.5 | Jan 11, 2025 | $535,900 | 884 | 1,128 | 68 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 853 | 67 |
| ME-409116 | 701.0 | Feb 12, 2025 | $686,300 | 979 | 1,120 | 62 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 758 | 60 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 1,392 | 58 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 672 | 52 |
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.