Comparable sales & offer analysis
Parcel ME-828078
Penobscot County, ME · 331 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$473,300
Adjusted value
$398,577
Value range
$311,778–$485,375
Comp $/acre
$1,206/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.7% versus the adjusted value.
Offer position
Max allowable offer
$227,758
Offer $/acre
$689/ac
Projected profit
$119,573
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-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 1,146 | 77 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 832 | 73 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 1,460 | 73 |
| ME-288916 | 606.5 | Jan 11, 2025 | $535,900 | 884 | 1,330 | 68 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,006 | 65 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 836 | 65 |
| ME-409116 | 701.0 | Feb 12, 2025 | $686,300 | 979 | 1,321 | 61 |
| ME-449647 | 1029.9 | Jun 8, 2025 | $820,300 | 797 | 1,389 | 59 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 1,642 | 56 |
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.