Comparable sales & offer analysis
Parcel ME-233700
Penobscot County, ME · 13.86 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$48,800
Adjusted value
$42,072
Value range
$30,437–$53,708
Comp $/acre
$3,036/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.0% versus the adjusted value.
Offer position
Max allowable offer
$24,041
Offer $/acre
$1,735/ac
Projected profit
$12,622
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 | 3,143 | 86 |
| ME-853705 | 13.9 | Apr 13, 2026 | $53,300 | 3,831 | 4,587 | 84 |
| ME-473773 | 14.6 | Jun 7, 2025 | $24,600 | 1,686 | 2,094 | 82 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 2,419 | 81 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 2,002 | 77 |
| ME-594174 | 19.5 | Apr 3, 2025 | $45,700 | 2,340 | 3,572 | 73 |
| ME-394169 | 19.5 | Nov 15, 2023 | $51,700 | 2,654 | 3,631 | 71 |
| ME-134149 | 19.2 | Dec 12, 2023 | $34,300 | 1,786 | 2,828 | 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.