Comparable sales & offer analysis
Parcel ME-506792
Penobscot County, ME · 130 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$155,700
Adjusted value
$178,500
Value range
$128,520–$228,480
Comp $/acre
$1,371/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.8% versus the adjusted value.
Offer position
Max allowable offer
$102,000
Offer $/acre
$783/ac
Projected profit
$53,550
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 | 1,815 | 86 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,072 | 78 |
| ME-667222 | 177.8 | Aug 1, 2025 | $197,500 | 1,111 | 1,077 | 74 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,053 | 74 |
| ME-377295 | 187.4 | Dec 13, 2025 | $443,700 | 2,368 | 1,880 | 73 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 1,151 | 71 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,016 | 71 |
| ME-616406 | 98.4 | May 7, 2024 | $281,600 | 2,861 | 2,114 | 69 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,020 | 69 |
| ME-187771 | 264.6 | Sep 5, 2025 | $246,000 | 930 | 1,476 | 67 |
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.