Comparable sales & offer analysis
Parcel ME-394169
Penobscot County, ME · 19.47 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$59,400
Adjusted value
$47,698
Value range
$34,524–$60,871
Comp $/acre
$2,450/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.5% versus the adjusted value.
Offer position
Max allowable offer
$27,256
Offer $/acre
$1,400/ac
Projected profit
$14,309
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-853705 | 13.9 | Apr 13, 2026 | $53,300 | 3,831 | 3,740 | 80 |
| ME-603983 | 17.0 | Jul 27, 2026 | $19,700 | 1,156 | 1,973 | 78 |
| ME-594174 | 19.5 | Apr 3, 2025 | $45,700 | 2,340 | 2,913 | 78 |
| ME-925469 | 49.9 | Jul 27, 2026 | $50,300 | 1,007 | 1,731 | 76 |
| ME-313387 | 11.1 | Jul 27, 2026 | $30,100 | 2,723 | 2,563 | 76 |
| ME-473773 | 14.6 | Jun 7, 2025 | $24,600 | 1,686 | 1,707 | 76 |
| ME-134149 | 19.2 | Dec 12, 2023 | $34,300 | 1,786 | 2,306 | 75 |
| ME-233700 | 13.9 | Aug 4, 2024 | $42,800 | 3,091 | 2,736 | 73 |
| ME-673025 | 8.5 | Jul 27, 2026 | $15,700 | 1,852 | 1,633 | 72 |
| ME-775437 | 48.8 | Apr 20, 2026 | $97,200 | 1,993 | 3,206 | 66 |
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.