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Dorchester County, MD · Sold

MD-103586

1573 County Road 118

$51,700
$12,829/ac · 4.03 ac
Acreage4.03 ac
Price per acre$12,829/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 27, 2024
Coordinates38.4363, -76.0808
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

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands21.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power111 ft away

Power at or near the road.

Buildable area2.99 of 4.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,051
$33,577$48,524 · $10,186/ac on 4.03 ac
Asking vs estimate
+25.9%
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 $51,700
Maximum allowable offer
$23,458
$5,821/ac · +30.0% target margin

You need $28,242 off asking to hit this margin.

All-in cost$25,452
Net resale$37,767
Projected profit$12,315
ROI+48.4%
Annualized+69.2%
Break-even resale$6,865/ac
Profit if resale lands off target
-20%
$4,762
-10%
$8,538
0%
$12,315
+10%
$16,092
+20%
$19,868
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-804046
Landlocked · Power at road
5.6Jul 27, 2026$60,10010,70010,8825.9 mi
84
MD-924221
Paved · Power at road
6.4Jul 27, 2026$149,10023,36913,7886.3 mi
83
MD-143085
Landlocked · Off grid
2.8Jan 12, 2026$17,8006,3727,5937.4 mi
76
MD-723808
Paved · Off grid
4.7Jul 28, 2025$69,50014,69610,4714.1 mi
76
MD-853164
Landlocked · Off grid
3.0Jun 6, 2024$22,2007,4899,5251.9 mi
73
MD-334413
Gravel · Off grid
7.3Jan 9, 2026$80,80011,0139,3047.2 mi
70
MD-724345
Dirt · Off grid
7.0Jul 9, 2024$83,00011,89112,3637.8 mi
67
MD-612292
Dirt · Power at road
1.6Aug 2, 2025$15,6009,8527,9374.4 mi
67
MD-672289
Paved · Power at road
1.6Feb 22, 2025$27,20017,30910,3434.0 mi
64
MD-515261
Gravel · Full utilities
13.6Jun 22, 2024$183,90013,5618,9191.9 mi
63
Show adjustment detail for the top comp
  • Tract size (5.62 ac → 4.03 ac)+1.5%

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.