Comparable sales & offer analysis
Parcel ME-795512
Penobscot County, ME · 51.51 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$120,400
Adjusted value
$95,786
Value range
$71,742–$119,830
Comp $/acre
$1,860/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.7% versus the adjusted value.
Offer position
Max allowable offer
$54,735
Offer $/acre
$1,063/ac
Projected profit
$28,736
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 | 2,659 | 82 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,488 | 81 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 2,756 | 81 |
| ME-745926 | 69.5 | Jul 4, 2026 | $72,500 | 1,044 | 1,542 | 78 |
| ME-185477 | 50.2 | Sep 30, 2024 | $107,200 | 2,135 | 1,605 | 76 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 1,696 | 72 |
| ME-977038 | 155.6 | Jul 27, 2026 | $135,800 | 873 | 1,570 | 72 |
| ME-506792 | 130.2 | Sep 3, 2025 | $161,300 | 1,239 | 1,897 | 66 |
| ME-356135 | 80.9 | Sep 30, 2024 | $73,600 | 910 | 1,494 | 62 |
| ME-946329 | 93.1 | Jan 9, 2025 | $127,800 | 1,373 | 1,686 | 62 |
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.