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Essex County, MA · Sold

MA-644431

2312 County Road 275

$230,800
$37,286/ac · 6.19 ac
Acreage6.19 ac
Price per acre$37,286/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMay 8, 2024
Coordinates42.6842, -70.9666
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

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

View Essex market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
12
Low risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

478 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area5.32 of 6.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$231,680
$185,690$277,670 · $37,428/ac on 6.19 ac
Asking vs estimate
-0.4%
In line with the comp set

Weighted from 9 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 $230,800
Maximum allowable offer
$132,389
$21,388/ac · +30.0% target margin

You need $98,411 off asking to hit this margin.

All-in cost$143,642
Net resale$213,146
Projected profit$69,504
ROI+48.4%
Annualized+69.2%
Break-even resale$25,223/ac
Profit if resale lands off target
-20%
$26,875
-10%
$48,189
0%
$69,504
+10%
$90,818
+20%
$112,133
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-814503
Dirt · Full utilities
6.5Jun 6, 2024$227,10034,78038,0987.0 mi
80
MA-474774
Landlocked · Power at road
7.9Jul 27, 2026$162,60020,48032,1519.0 mi
79
MA-823733
Dirt · Power at road
3.7Jul 27, 2026$141,00037,69945,0728.6 mi
78
MA-655377
Dirt · Off grid
12.3Jul 27, 2026$373,00030,35345,8948.3 mi
76
MA-234231
Gravel · Off grid
5.4Sep 11, 2025$146,20027,27034,7136.9 mi
75
MA-975108
Gravel · Off grid
10.1Mar 30, 2024$339,60033,56147,0943.1 mi
70
MA-692750
Gravel · Off grid
1.8Mar 31, 2026$33,40018,27721,9946.3 mi
66
MA-445951
Dirt · Power at road
18.6Aug 21, 2024$451,60024,23935,2147.6 mi
64
MA-312751
Paved · Off grid
1.8Mar 19, 2025$59,00032,21434,2565.9 mi
63
Show adjustment detail for the top comp
  • Market time (26 mo)+9.2%

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.