Development Land Farmland in Maine

Development Land farmland in Maine for a Over 1,000 Acres parcel costs approximately $14,571 per acre, with a total investment of $29,142,000. The estimated annual ROI is 7.2% with cash rent of $583 per acre.

Maine has 7,600 farms with an average size of 171 acres. Farmland prices average $3,400 per acre statewide, with 2.8% year-over-year appreciation. Cash receipts total $0.7B annually.

The estimated annual ROI is 7.2% for a Over 1,000 Acres parcel, generating $2,100,000 in annual income ($1,050 per acre). The 5-year appreciation estimate is 2157.0%.