Comparable sales & offer analysis
Parcel ME-925469
Penobscot County, ME · 49.93 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$60,600
Adjusted value
$66,980
Value range
$50,369–$83,590
Comp $/acre
$1,341/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.5% versus the adjusted value.
Offer position
Max allowable offer
$38,274
Offer $/acre
$767/ac
Projected profit
$20,094
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-655906 | 68.5 | Jul 27, 2026 | $144,200 | 2,104 | 1,814 | 79 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,052 | 79 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 1,880 | 77 |
| ME-795512 | 51.5 | Jun 19, 2025 | $123,900 | 2,405 | 1,730 | 73 |
| ME-185477 | 50.2 | Sep 30, 2024 | $107,200 | 2,135 | 1,095 | 72 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 1,157 | 69 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,071 | 68 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 1,150 | 65 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,294 | 64 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,020 | 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.