Comparable sales & offer analysis
Parcel ME-449647
Penobscot County, ME · 1,030 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$792,600
Adjusted value
$822,180
Value range
$756,405–$887,954
Comp $/acre
$798/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.6% versus the adjusted value.
Offer position
Max allowable offer
$469,817
Offer $/acre
$456/ac
Projected profit
$246,654
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-288916 | 606.5 | Jan 11, 2025 | $535,900 | 884 | 801 | 67 |
| ME-409116 | 701.0 | Feb 12, 2025 | $686,300 | 979 | 795 | 64 |
| ME-828078 | 330.5 | Jan 27, 2025 | $426,000 | 1,289 | 826 | 57 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 879 | 55 |
| ME-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 690 | 55 |
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.