Comparable sales & offer analysis
Parcel ME-594174
Penobscot County, ME · 19.54 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$55,500
Adjusted value
$40,994
Value range
$29,751–$52,238
Comp $/acre
$2,098/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.4% versus the adjusted value.
Offer position
Max allowable offer
$23,425
Offer $/acre
$1,199/ac
Projected profit
$12,298
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-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 1,685 | 88 |
| ME-313387 | 11.1 | Jul 27, 2026 | $30,100 | 2,723 | 2,190 | 82 |
| ME-853705 | 13.9 | Apr 13, 2026 | $53,300 | 3,831 | 3,195 | 76 |
| ME-394169 | 19.5 | Nov 15, 2023 | $51,700 | 2,654 | 2,528 | 73 |
| ME-473773 | 14.6 | Jun 7, 2025 | $24,600 | 1,686 | 1,458 | 71 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 1,395 | 71 |
| ME-233700 | 13.9 | Aug 4, 2024 | $42,800 | 3,091 | 2,336 | 70 |
| ME-134149 | 19.2 | Dec 12, 2023 | $34,300 | 1,786 | 1,969 | 70 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 2,739 | 69 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,479 | 69 |
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.