Dorchester County, MD · Sold

MD-768556

509 County Road 27

$1,821,400

$12,344/ac · 148 ac

Offer report Market this tract

Acreage148 ac

Price per acre$12,344/ac

ZoningRecreational

Road accessPaved

UtilitiesFull utilities

TopographyFlat

ListedMar 19, 2024

Coordinates38.3992, -75.9738

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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands41.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,918 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area81.72 of 147.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,843,261

$1,441,444 – $2,245,079 · $12,492/ac on 148 ac

Asking vs estimate

-1.2%

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 $1,821,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,053,292

$7,139/ac · +30.0% target margin

You need $768,108 off asking to hit this margin.

All-in cost$1,142,822

Net resale$1,695,800

Projected profit$552,979

ROI+48.4%

Annualized+69.2%

Break-even resale$8,419/ac

Profit if resale lands off target

-20%

$213,819

-10%

$383,399

$552,979

+10%

$722,559

+20%

$892,139

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-318325 Paved · Power at road	124.8	Jul 27, 2026	$1,269,300	10,169	11,901	3.6 mi	86
MD-478489 Paved · Power at road	140.6	Sep 23, 2025	$1,591,200	11,320	14,147	0.1 mi	84
MD-788357 Gravel · Off grid	127.7	Jun 18, 2025	$1,205,100	9,434	16,134	5.7 mi	79
MD-408524 Landlocked · Off grid	144.2	Jun 16, 2025	$501,800	3,481	9,039	6.6 mi	76
MD-747519 Gravel · Power at road	69.6	Jul 3, 2026	$789,200	11,337	13,633	4.9 mi	74
MD-269869 Gravel · Full utilities	382.0	Feb 24, 2026	$3,630,100	9,503	14,972	11.1 mi	67
MD-367722 Paved · Power at road	80.6	Sep 26, 2024	$703,200	8,720	9,869	6.3 mi	66
MD-216980 Dirt · Power at road	47.1	May 28, 2026	$301,600	6,402	8,282	9.4 mi	65
MD-737127 Gravel · Power at road	52.4	Jan 4, 2026	$720,300	13,747	15,877	7.4 mi	64
MD-809899 Dirt · Off grid	390.4	May 5, 2025	$1,471,600	3,770	10,308	8.4 mi	60

Show adjustment detail for the top comp

Tract size (124.82 ac → 147.55 ac)-4.3%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV