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Dorchester County, MD · Sold

MD-612292

4159 County Road 37

$18,800
$11,899/ac · 1.58 ac
Acreage1.58 ac
Price per acre$11,899/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 3, 2024
Coordinates38.4941, -76.1129
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
36
Moderate risk
Wetlands27.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power223 ft away

Power at or near the road.

Buildable area1.09 of 1.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,897
$16,955$26,838 · $13,859/ac on 1.58 ac
Asking vs estimate
-14.1%
Priced below the comp set

Weighted from 8 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 $18,800
Maximum allowable offer
$12,512
$7,919/ac · +30.0% target margin

You need $6,288 off asking to hit this margin.

All-in cost$13,576
Net resale$20,145
Projected profit$6,569
ROI+48.4%
Annualized+69.3%
Break-even resale$9,339/ac
Profit if resale lands off target
-20%
$2,540
-10%
$4,555
0%
$6,569
+10%
$8,584
+20%
$10,598
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-841624
Dirt · Off grid
1.0Jul 27, 2026$12,30012,67314,8494.2 mi
81
MD-672289
Paved · Power at road
1.6Feb 22, 2025$27,20017,30913,3975.5 mi
78
MD-380816
Landlocked · Power at road
0.5Jun 28, 2026$8,40015,46519,4584.7 mi
72
MD-143085
Landlocked · Off grid
2.8Jan 12, 2026$17,8006,3729,83511.7 mi
67
MD-853164
Landlocked · Off grid
3.0Jun 6, 2024$22,2007,48912,3385.7 mi
67
MD-723808
Paved · Off grid
4.7Jul 28, 2025$69,50014,69613,5630.5 mi
65
MD-103586
Landlocked · Power at road
4.0Feb 23, 2025$50,40012,50817,2064.4 mi
65
MD-271175
Dirt · Off grid
0.7Jun 30, 2024$5,3007,5799,6264.7 mi
64
Show adjustment detail for the top comp
  • Tract size (0.97 ac → 1.58 ac)-0.6%
  • Utilities (Off grid → Power at road)+17.6%

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.