Comparable sales & offer analysis
Parcel ME-977038
Penobscot County, ME · 156 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$127,000
Adjusted value
$184,057
Value range
$139,927–$228,187
Comp $/acre
$1,183/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.0% versus the adjusted value.
Offer position
Max allowable offer
$105,175
Offer $/acre
$676/ac
Projected profit
$55,217
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-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 1,543 | 78 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 864 | 72 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,063 | 71 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 1,544 | 70 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 884 | 69 |
| ME-655906 | 68.5 | Jul 27, 2026 | $144,200 | 2,104 | 1,489 | 69 |
| ME-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 1,211 | 69 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 833 | 68 |
| ME-795512 | 51.5 | Jun 19, 2025 | $123,900 | 2,405 | 1,420 | 64 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 944 | 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.