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Dorchester County, MD · Sold

MD-660479

4846 County Road 278

$4,900
$11,667/ac · 0.42 ac
Acreage0.42 ac
Price per acre$11,667/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 20, 2024
Coordinates38.4963, -76.0331
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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
27
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope15.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,312 ft away

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

Buildable area0.33 of 0.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,294
$4,300$6,288 · $12,605/ac on 0.42 ac
Asking vs estimate
-7.4%
Priced below the comp set

Weighted from 7 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 $4,900
Maximum allowable offer
$3,025
$7,203/ac · +30.0% target margin

You need $1,875 off asking to hit this margin.

All-in cost$3,282
Net resale$4,871
Projected profit$1,588
ROI+48.4%
Annualized+69.3%
Break-even resale$8,494/ac
Profit if resale lands off target
-20%
$614
-10%
$1,101
0%
$1,588
+10%
$2,076
+20%
$2,563
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-260295
Dirt · Off grid
0.4Jul 27, 2026$4,30011,50011,5197.2 mi
91
MD-860173
Dirt · Power at road
0.3Apr 25, 2026$5,60016,41914,1256.5 mi
86
MD-380816
Landlocked · Power at road
0.5Jun 28, 2026$8,40015,46516,7381.4 mi
84
MD-790030
Gravel · Full utilities
0.3Jul 27, 2026$6,10019,75711,8518.4 mi
78
MD-841624
Dirt · Off grid
1.0Jul 27, 2026$12,30012,67312,7747.1 mi
77
MD-271175
Dirt · Off grid
0.7Jun 30, 2024$5,3007,5798,2810.7 mi
72
MD-150187
Landlocked · Full utilities
0.3Jun 11, 2025$4,50013,38112,3646.8 mi
72
Show adjustment detail for the top comp

    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.