Comparable sales & offer analysis
Parcel ME-185477
Penobscot County, ME · 50.22 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$118,600
Adjusted value
$152,017
Value range
$110,161–$193,873
Comp $/acre
$3,027/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.0% versus the adjusted value.
Offer position
Max allowable offer
$86,867
Offer $/acre
$1,730/ac
Projected profit
$45,605
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 | 3,836 | 84 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 2,147 | 82 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 3,976 | 80 |
| ME-795512 | 51.5 | Jun 19, 2025 | $123,900 | 2,405 | 3,658 | 79 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 2,225 | 75 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 2,737 | 68 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 2,156 | 67 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 2,432 | 65 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 4,468 | 65 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 2,446 | 64 |
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.