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Comparable sales & offer analysis

Parcel ME-670754

Penobscot County, ME · 1.64 ac · Agricultural · Paved · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$4,300
Adjusted value
$5,221
Value range
$4,063–$6,380
Comp $/acre
$3,184/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.6% versus the adjusted value.

Offer position

Max allowable offer
$2,984
Offer $/acre
$1,819/ac
Projected profit
$1,566
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ME-2704401.3Jul 27, 2026$1,9001,4392,12080
ME-2311822.2Jul 27, 2026$6,7003,0053,03979
ME-5211552.2May 21, 2026$7,4003,3734,14277
ME-6113202.5Apr 15, 2026$8,3003,3784,07672
ME-3905341.4Jul 24, 2024$3,8002,7053,46069
ME-8014522.7Oct 25, 2025$5,9002,1552,62768
ME-2711822.2Feb 23, 2025$4,0001,7982,83466
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.