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Dorchester County, MD · Sold

MD-269869

3386 County Road 12

$3,590,600
$9,400/ac · 382 ac
Acreage382 ac
Price per acre$9,400/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedAug 6, 2025
Coordinates38.5134, -76.1171
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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
43
Moderate risk
Wetlands32.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area244.58 of 381.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,150,404
$2,575,990$3,724,819 · $8,248/ac on 382 ac
Asking vs estimate
+14.0%
Priced above 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 $3,590,600
Maximum allowable offer
$1,800,231
$4,713/ac · +30.0% target margin

You need $1,790,369 off asking to hit this margin.

All-in cost$1,953,251
Net resale$2,898,372
Projected profit$945,121
ROI+48.4%
Annualized+69.2%
Break-even resale$5,558/ac
Profit if resale lands off target
-20%
$365,447
-10%
$655,284
0%
$945,121
+10%
$1,234,959
+20%
$1,524,796
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-809899
Dirt · Off grid
390.4May 5, 2025$1,471,6003,7706,6732.7 mi
83
MD-679867
Landlocked · Power at road
381.4Feb 6, 2024$1,782,2004,6739,26810.0 mi
70
MD-478489
Paved · Power at road
140.6Sep 23, 2025$1,591,20011,3209,15811.1 mi
65
MD-318325
Paved · Power at road
124.8Jul 27, 2026$1,269,30010,1697,70413.8 mi
65
MD-408524
Landlocked · Off grid
144.2Jun 16, 2025$501,8003,4815,8514.5 mi
63
MD-788357
Gravel · Off grid
127.7Jun 18, 2025$1,205,1009,43410,44410.0 mi
61
MD-768556
Paved · Full utilities
147.6Nov 23, 2024$1,938,00013,1349,12011.1 mi
59
Show adjustment detail for the top comp
  • Tract size (390.37 ac → 381.98 ac)+0.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (15 mo)+5.4%

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.