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Essex County, MA · Sold

MA-476738

2066 County Road 331

$775,200
$23,527/ac · 32.95 ac
Acreage32.95 ac
Price per acre$23,527/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMar 3, 2025
Coordinates42.6395, -70.9252
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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,197 ft of deeded road frontage.

Power10,372 ft away

A long utility run — price in solar/off-grid instead.

Buildable area31.18 of 32.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$753,297
$569,070$937,525 · $22,862/ac on 32.95 ac
Asking vs estimate
+2.9%
In line with the comp set

Weighted from 6 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 $775,200
Maximum allowable offer
$430,456
$13,064/ac · +30.0% target margin

You need $344,744 off asking to hit this margin.

All-in cost$467,045
Net resale$693,033
Projected profit$225,989
ROI+48.4%
Annualized+69.2%
Break-even resale$15,407/ac
Profit if resale lands off target
-20%
$87,382
-10%
$156,685
0%
$225,989
+10%
$295,292
+20%
$364,595
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-636764
Gravel · Full utilities
33.6May 25, 2024$1,497,10044,59829,3132.6 mi
75
MA-655377
Dirt · Off grid
12.3Jul 27, 2026$373,00030,35326,7847.3 mi
74
MA-357380
Landlocked · Off grid
52.5Dec 27, 2024$482,0009,19013,5403.9 mi
70
MA-807751
Landlocked · Power at road
68.6Jan 19, 2026$1,029,00014,99419,0558.4 mi
67
MA-445951
Dirt · Power at road
18.6Aug 21, 2024$451,60024,23920,5524.6 mi
67
MA-975108
Gravel · Off grid
10.1Mar 30, 2024$339,60033,56127,4850.9 mi
62
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (27 mo)+9.4%

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.