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Dorchester County, MD · Sold

MD-143085

1470 County Road 283

$18,300
$6,536/ac · 2.80 ac
Acreage2.80 ac
Price per acre$6,536/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 29, 2025
Coordinates38.3567, -75.9881
Loading terrain…
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

6 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,274 ft away

Service extension needed; get a utility quote.

Buildable area2.30 of 2.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,380
$22,203$30,557 · $9,422/ac on 2.80 ac
Asking vs estimate
-30.6%
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 $18,300
Maximum allowable offer
$15,074
$5,384/ac · +30.0% target margin

You need $3,226 off asking to hit this margin.

All-in cost$16,355
Net resale$24,270
Projected profit$7,915
ROI+48.4%
Annualized+69.3%
Break-even resale$6,349/ac
Profit if resale lands off target
-20%
$3,061
-10%
$5,488
0%
$7,915
+10%
$10,342
+20%
$12,768
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-853164
Landlocked · Off grid
3.0Jun 6, 2024$22,2007,4898,1926.0 mi
76
MD-804046
Landlocked · Power at road
5.6Jul 27, 2026$60,10010,7009,3597.6 mi
76
MD-924221
Paved · Power at road
6.4Jul 27, 2026$149,10023,36911,8592.7 mi
74
MD-723808
Paved · Off grid
4.7Jul 28, 2025$69,50014,6969,00511.5 mi
72
MD-103586
Landlocked · Power at road
4.0Feb 23, 2025$50,40012,50811,4247.4 mi
70
MD-841624
Dirt · Off grid
1.0Jul 27, 2026$12,30012,6739,8609.9 mi
69
MD-334413
Gravel · Off grid
7.3Jan 9, 2026$80,80011,0138,0028.1 mi
67
MD-612292
Dirt · Power at road
1.6Aug 2, 2025$15,6009,8526,82711.7 mi
65
MD-672289
Paved · Power at road
1.6Feb 22, 2025$27,20017,3098,8959.9 mi
63
MD-724345
Dirt · Off grid
7.0Jul 9, 2024$83,00011,89110,6339.7 mi
59
Show adjustment detail for the top comp
  • Market time (26 mo)+9.2%

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.