Comparable sales & offer analysis
Parcel ME-946329
Penobscot County, ME · 93.09 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$148,300
Adjusted value
$169,855
Value range
$122,295–$217,414
Comp $/acre
$1,825/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.7% versus the adjusted value.
Offer position
Max allowable offer
$97,060
Offer $/acre
$1,043/ac
Projected profit
$50,956
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-655906 | 68.5 | Jul 27, 2026 | $144,200 | 2,104 | 2,323 | 82 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,348 | 77 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 2,706 | 75 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,300 | 75 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,658 | 74 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,372 | 73 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 1,379 | 73 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 2,408 | 71 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 2,407 | 71 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,306 | 70 |
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.