Comparable sales & offer analysis
Parcel ME-377295
Penobscot County, ME · 187 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$418,600
Adjusted value
$333,706
Value range
$245,627–$421,784
Comp $/acre
$1,781/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.4% versus the adjusted value.
Offer position
Max allowable offer
$190,689
Offer $/acre
$1,017/ac
Projected profit
$100,112
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-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,387 | 84 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 1,395 | 75 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,677 | 72 |
| ME-655906 | 68.5 | Jul 27, 2026 | $144,200 | 2,104 | 2,350 | 72 |
| ME-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 1,911 | 69 |
| ME-828078 | 330.5 | Jan 27, 2025 | $426,000 | 1,289 | 2,289 | 68 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 1,490 | 67 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,363 | 66 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 2,738 | 62 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,321 | 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.