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Essex County, MA · Sold

MA-981445

3041 County Road 400

$32,400
$45,634/ac · 0.71 ac
Acreage0.71 ac
Price per acre$45,634/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedApr 6, 2024
Coordinates42.6723, -70.8799
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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

Essex County, Massachusetts. Very limited raw supply; wetlands review drives most deals.

View Essex market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands46.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

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.

Power125 ft away

Power at or near the road.

Buildable area0.36 of 0.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,313
$25,013$43,613 · $48,329/ac on 0.71 ac
Asking vs estimate
-5.6%
Priced below 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 $32,400
Maximum allowable offer
$19,608
$27,616/ac · +30.0% target margin

You need $12,792 off asking to hit this margin.

All-in cost$21,275
Net resale$31,568
Projected profit$10,294
ROI+48.4%
Annualized+69.2%
Break-even resale$32,570/ac
Profit if resale lands off target
-20%
$3,980
-10%
$7,137
0%
$10,294
+10%
$13,451
+20%
$16,607
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-131156
Landlocked · Power at road
0.6Jul 16, 2026$17,20029,66151,5805.7 mi
88
MA-480656
Paved · Full utilities
0.4Dec 8, 2025$29,80074,51862,6362.5 mi
80
MA-872322
Gravel · Power at road
1.3Dec 2, 2025$72,10053,78465,7638.8 mi
74
MA-381721
Dirt · Power at road
0.9Mar 22, 2024$21,50024,66837,3224.5 mi
72
MA-692750
Gravel · Off grid
1.8Mar 31, 2026$33,40018,27726,0703.2 mi
70
MA-312751
Paved · Off grid
1.8Mar 19, 2025$59,00032,21440,6052.3 mi
66
MA-490038
Dirt · Off grid
0.3Jan 4, 2024$8,50028,35050,5735.2 mi
59
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%

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.