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Dorchester County, MD · Sold

MD-478489

8722 County Road 362

$1,591,200
$11,320/ac · 141 ac
Acreage141 ac
Price per acre$11,320/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 14, 2024
Coordinates38.3984, -75.9745
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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
25
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power133 ft away

Power at or near the road.

Buildable area115.91 of 140.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,462,785
$1,154,812$1,770,758 · $10,407/ac on 141 ac
Asking vs estimate
+8.8%
Priced above 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 $1,591,200
Maximum allowable offer
$835,877
$5,947/ac · +30.0% target margin

You need $755,323 off asking to hit this margin.

All-in cost$906,927
Net resale$1,345,762
Projected profit$438,836
ROI+48.4%
Annualized+69.2%
Break-even resale$7,013/ac
Profit if resale lands off target
-20%
$169,683
-10%
$304,259
0%
$438,836
+10%
$573,412
+20%
$707,988
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-318325
Paved · Power at road
124.8Jul 27, 2026$1,269,30010,1699,8813.5 mi
90
MD-768556
Paved · Full utilities
147.6Nov 23, 2024$1,938,00013,13411,6960.1 mi
80
MD-408524
Landlocked · Off grid
144.2Jun 16, 2025$501,8003,4817,5046.6 mi
76
MD-747519
Gravel · Power at road
69.6Jul 3, 2026$789,20011,33711,3194.8 mi
76
MD-788357
Gravel · Off grid
127.7Jun 18, 2025$1,205,1009,43413,3955.6 mi
75
MD-756794
Paved · Power at road
41.2Jul 27, 2026$532,50012,9349,8003.8 mi
75
MD-216980
Dirt · Power at road
47.1May 28, 2026$301,6006,4026,8769.4 mi
72
MD-367722
Paved · Power at road
80.6Sep 26, 2024$703,2008,7208,1946.3 mi
69
MD-269869
Gravel · Full utilities
382.0Feb 24, 2026$3,630,1009,50312,43011.1 mi
68
MD-737127
Gravel · Power at road
52.4Jan 4, 2026$720,30013,74713,1837.5 mi
67
Show adjustment detail for the top comp
  • Tract size (124.82 ac → 140.56 ac)-3.1%

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.