Comparable sales & offer analysis
Parcel ME-288916
Penobscot County, ME · 606 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$555,900
Adjusted value
$543,765
Value range
$456,600–$630,929
Comp $/acre
$897/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.2% versus the adjusted value.
Offer position
Max allowable offer
$310,723
Offer $/acre
$512/ac
Projected profit
$163,129
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-409116 | 701.0 | Feb 12, 2025 | $686,300 | 979 | 941 | 73 |
| ME-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 816 | 71 |
| ME-449647 | 1029.9 | Jun 8, 2025 | $820,300 | 797 | 990 | 68 |
| ME-828078 | 330.5 | Jan 27, 2025 | $426,000 | 1,289 | 978 | 67 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 596 | 59 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 1,040 | 59 |
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.