Hay & Alfalfa Farmland in Maine

Hay & Alfalfa farmland in Maine for a 160 - 320 Acres parcel costs approximately $2,671 per acre, with a total investment of $641,040. The estimated annual ROI is 7.2% with cash rent of $107 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 160 - 320 Acres parcel, generating $46,080 in annual income ($192 per acre). The 5-year appreciation estimate is 395.0%.