Comparable sales & offer analysis
Parcel ME-473773
Penobscot County, ME · 14.61 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$26,200
Adjusted value
$39,426
Value range
$29,660–$49,191
Comp $/acre
$2,699/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.5% versus the adjusted value.
Offer position
Max allowable offer
$22,529
Offer $/acre
$1,542/ac
Projected profit
$11,828
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-313387 | 11.1 | Jul 27, 2026 | $30,100 | 2,723 | 2,672 | 85 |
| ME-853705 | 13.9 | Apr 13, 2026 | $53,300 | 3,831 | 3,899 | 83 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 2,056 | 79 |
| ME-233700 | 13.9 | Aug 4, 2024 | $42,800 | 3,091 | 2,851 | 78 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 1,702 | 72 |
| ME-594174 | 19.5 | Apr 3, 2025 | $45,700 | 2,340 | 3,036 | 71 |
| ME-394169 | 19.5 | Nov 15, 2023 | $51,700 | 2,654 | 3,085 | 71 |
| ME-134149 | 19.2 | Dec 12, 2023 | $34,300 | 1,786 | 2,402 | 70 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,805 | 68 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 3,342 | 67 |
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.