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Dorchester County, MD · Sold

MD-723808

447 County Road 98

$66,200
$13,996/ac · 4.73 ac
Acreage4.73 ac
Price per acre$13,996/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedMar 23, 2025
Coordinates38.4881, -76.1176
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Dorchester County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Dorchester market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope26.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,190 ft away

Service extension needed; get a utility quote.

Buildable area2.72 of 4.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$72,589
$58,136$87,043 · $15,347/ac on 4.73 ac
Asking vs estimate
-8.8%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $66,200
Maximum allowable offer
$41,480
$8,769/ac · +30.0% target margin

You need $24,720 off asking to hit this margin.

All-in cost$45,006
Net resale$66,782
Projected profit$21,776
ROI+48.4%
Annualized+69.2%
Break-even resale$10,342/ac
Profit if resale lands off target
-20%
$8,420
-10%
$15,098
0%
$21,776
+10%
$28,454
+20%
$35,133
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-804046
Landlocked · Power at road
5.6Jul 27, 2026$60,10010,70015,9467.7 mi
81
MD-924221
Paved · Power at road
6.4Jul 27, 2026$149,10023,36920,20510.0 mi
80
MD-143085
Landlocked · Off grid
2.8Jan 12, 2026$17,8006,37211,12611.5 mi
75
MD-103586
Landlocked · Power at road
4.0Feb 23, 2025$50,40012,50819,4654.1 mi
73
MD-334413
Gravel · Off grid
7.3Jan 9, 2026$80,80011,01313,6348.8 mi
73
MD-853164
Landlocked · Off grid
3.0Jun 6, 2024$22,2007,48913,9585.5 mi
67
MD-724345
Dirt · Off grid
7.0Jul 9, 2024$83,00011,89118,1178.7 mi
66
MD-612292
Dirt · Power at road
1.6Aug 2, 2025$15,6009,85211,6310.5 mi
65
MD-672289
Paved · Power at road
1.6Feb 22, 2025$27,20017,30915,1565.0 mi
63
MD-515261
Gravel · Full utilities
13.6Jun 22, 2024$183,90013,56113,0692.3 mi
60
Show adjustment detail for the top comp
  • Tract size (5.62 ac → 4.73 ac)+0.8%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Off grid)-15.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.