Comparable sales & offer analysis
Parcel ME-611320
Penobscot County, ME · 2.47 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,000
Adjusted value
$5,941
Value range
$4,496–$7,386
Comp $/acre
$2,405/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.7% versus the adjusted value.
Offer position
Max allowable offer
$3,395
Offer $/acre
$1,374/ac
Projected profit
$1,782
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-231182 | 2.2 | Jul 27, 2026 | $6,700 | 3,005 | 2,569 | 83 |
| ME-521155 | 2.2 | May 21, 2026 | $7,400 | 3,373 | 3,500 | 82 |
| ME-271182 | 2.2 | Feb 23, 2025 | $4,000 | 1,798 | 2,394 | 77 |
| ME-801452 | 2.7 | Oct 25, 2025 | $5,900 | 2,155 | 2,220 | 75 |
| ME-270440 | 1.3 | Jul 27, 2026 | $1,900 | 1,439 | 1,791 | 72 |
| ME-390534 | 1.4 | Jul 24, 2024 | $3,800 | 2,705 | 2,923 | 68 |
| ME-670754 | 1.6 | Jul 6, 2025 | $3,700 | 2,260 | 1,999 | 66 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 1,597 | 65 |
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.