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Dorchester County, MD · Sold

MD-885822

3981 County Road 392

$391,200
$19,214/ac · 20.36 ac
Acreage20.36 ac
Price per acre$19,214/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJun 13, 2025
Coordinates38.4392, -75.9420
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area18.82 of 20.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$274,835
$197,881$351,788 · $13,499/ac on 20.36 ac
Asking vs estimate
+42.3%
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 $391,200
Maximum allowable offer
$157,048
$7,714/ac · +30.0% target margin

You need $234,152 off asking to hit this margin.

All-in cost$170,397
Net resale$252,848
Projected profit$82,451
ROI+48.4%
Annualized+69.3%
Break-even resale$9,097/ac
Profit if resale lands off target
-20%
$31,881
-10%
$57,166
0%
$82,451
+10%
$107,735
+20%
$133,020
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-705760
Gravel · Power at road
19.5Jul 27, 2026$240,70012,36112,9244.6 mi
91
MD-955991
Dirt · Power at road
23.0Aug 23, 2024$373,50016,23221,8054.1 mi
79
MD-756794
Paved · Power at road
41.2Jul 27, 2026$532,50012,93412,8751.0 mi
77
MD-924221
Paved · Power at road
6.4Jul 27, 2026$149,10023,36918,7663.6 mi
75
MD-416747
Landlocked · Power at road
39.8Jun 25, 2026$185,3004,6578,0234.5 mi
74
MD-216980
Dirt · Power at road
47.1May 28, 2026$301,6006,4029,0339.0 mi
72
MD-737127
Gravel · Power at road
52.4Jan 4, 2026$720,30013,74717,3184.5 mi
71
MD-445325
Dirt · Full utilities
14.2Oct 13, 2024$118,8008,3698,6477.1 mi
71
MD-515261
Gravel · Full utilities
13.6Jun 22, 2024$183,90013,56112,1398.8 mi
70
MD-334413
Gravel · Off grid
7.3Jan 9, 2026$80,80011,01312,6632.3 mi
68
Show adjustment detail for the top comp
  • Tract size (19.47 ac → 20.36 ac)-0.6%
  • Access (Gravel → Dirt)-14.0%
  • 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.