Comparable sales & offer analysis
Parcel ME-231182
Penobscot County, ME · 2.24 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,800
Adjusted value
$6,915
Value range
$5,222–$8,607
Comp $/acre
$3,087/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.7% versus the adjusted value.
Offer position
Max allowable offer
$3,951
Offer $/acre
$1,764/ac
Projected profit
$2,074
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-801452 | 2.7 | Oct 25, 2025 | $5,900 | 2,155 | 2,617 | 84 |
| ME-611320 | 2.5 | Apr 15, 2026 | $8,300 | 3,378 | 4,062 | 81 |
| ME-521155 | 2.2 | May 21, 2026 | $7,400 | 3,373 | 4,127 | 80 |
| ME-271182 | 2.2 | Feb 23, 2025 | $4,000 | 1,798 | 2,823 | 78 |
| ME-270440 | 1.3 | Jul 27, 2026 | $1,900 | 1,439 | 2,112 | 78 |
| ME-670754 | 1.6 | Jul 6, 2025 | $3,700 | 2,260 | 2,357 | 70 |
| ME-390534 | 1.4 | Jul 24, 2024 | $3,800 | 2,705 | 3,446 | 68 |
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.