Comparable sales & offer analysis
Parcel ME-616406
Penobscot County, ME · 98.43 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$290,900
Adjusted value
$194,601
Value range
$142,296–$246,906
Comp $/acre
$1,977/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +49.5% versus the adjusted value.
Offer position
Max allowable offer
$111,201
Offer $/acre
$1,130/ac
Projected profit
$58,380
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 | 2,705 | 80 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 1,715 | 78 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,569 | 77 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,514 | 75 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,930 | 74 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 2,803 | 73 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,597 | 73 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,520 | 70 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 2,802 | 68 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 1,605 | 68 |
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.