$435/Acre seems high. Maybe not for your area though. I am definitely not experienced with right-of-way bidding and really had no reference point to base my bids in the past other than my experience with lawncare in general. I have put in a bid with one of the major Natural Gas companies in my area for bare ground at their compressor sites. The bid is for 300+ acres spread out over 6 counties. I have bid around $330/acre the last 2 yrs and have not gotten the bid. My thought is that I am high. I have met with the Maintenance supervisor and he liked the fact that I was centrally located and local. I am a small company though and that may have played a part in the decision. Just some personal experience I thought I would share.
"The Poor Fish" circa 1930's: The Poor Fish wouldn't have been caught if he'd known enough to keep his fool mouth shut.
"Opportunity is missed by most because it is dressed in overalls and looks like work"- Thomas Edison, businessman/inventor