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Dorchester County, MD · Sold

MD-447146

1083 County Road 207

$464,700
$8,746/ac · 53.13 ac
Acreage53.13 ac
Price per acre$8,746/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 5, 2024
Coordinates38.4800, -76.1240
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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
48
Moderate risk
Wetlands40.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,168 ft of deeded road frontage.

Power8,608 ft away

A long utility run — price in solar/off-grid instead.

Buildable area30.23 of 53.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$487,173
$367,388$606,958 · $9,169/ac on 53.13 ac
Asking vs estimate
-4.6%
In line with 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 $464,700
Maximum allowable offer
$278,385
$5,240/ac · +30.0% target margin

You need $186,315 off asking to hit this margin.

All-in cost$302,048
Net resale$448,200
Projected profit$146,152
ROI+48.4%
Annualized+69.2%
Break-even resale$6,179/ac
Profit if resale lands off target
-20%
$56,512
-10%
$101,332
0%
$146,152
+10%
$190,972
+20%
$235,792
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-737127
Gravel · Power at road
52.4Jan 4, 2026$720,30013,74711,9519.6 mi
85
MD-216980
Dirt · Power at road
47.1May 28, 2026$301,6006,4026,2342.5 mi
84
MD-747519
Gravel · Power at road
69.6Jul 3, 2026$789,20011,33710,2627.3 mi
82
MD-416747
Landlocked · Power at road
39.8Jun 25, 2026$185,3004,6575,5376.1 mi
79
MD-756794
Paved · Power at road
41.2Jul 27, 2026$532,50012,9348,8859.5 mi
78
MD-705760
Gravel · Power at road
19.5Jul 27, 2026$240,70012,3618,9186.7 mi
77
MD-318325
Paved · Power at road
124.8Jul 27, 2026$1,269,30010,1698,95812.2 mi
73
MD-367722
Paved · Power at road
80.6Sep 26, 2024$703,2008,7207,4293.8 mi
72
MD-885822
Dirt · Full utilities
20.4Nov 23, 2025$343,90016,88912,01110.2 mi
67
MD-788357
Gravel · Off grid
127.7Jun 18, 2025$1,205,1009,43412,1447.9 mi
67
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.6%

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.