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Essex County, MA · Sold

MA-655377

7423 County Road 57

$364,300
$29,642/ac · 12.29 ac
Acreage12.29 ac
Price per acre$29,642/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJun 11, 2026
Coordinates42.6956, -70.8036
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

2 items to verify before you offer.

Risk index
18
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,934 ft away

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

Buildable area11.65 of 12.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$328,379
$281,069$375,690 · $26,719/ac on 12.29 ac
Asking vs estimate
+10.9%
Priced above 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 $364,300
Maximum allowable offer
$187,645
$15,268/ac · +30.0% target margin

You need $176,655 off asking to hit this margin.

All-in cost$203,595
Net resale$302,109
Projected profit$98,514
ROI+48.4%
Annualized+69.3%
Break-even resale$18,006/ac
Profit if resale lands off target
-20%
$38,092
-10%
$68,303
0%
$98,514
+10%
$128,725
+20%
$158,936
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-474774
Landlocked · Power at road
7.9Jul 27, 2026$162,60020,48021,3119.8 mi
75
MA-823733
Dirt · Power at road
3.7Jul 27, 2026$141,00037,69929,8758.9 mi
70
MA-445951
Dirt · Power at road
18.6Aug 21, 2024$451,60024,23923,3414.8 mi
69
MA-975108
Gravel · Off grid
10.1Mar 30, 2024$339,60033,56131,2167.8 mi
69
MA-476738
Dirt · Off grid
33.0Nov 3, 2025$724,00021,97425,7767.3 mi
68
MA-814503
Dirt · Full utilities
6.5Jun 6, 2024$227,10034,78025,2536.7 mi
64
MA-234231
Gravel · Off grid
5.4Sep 11, 2025$146,20027,27023,00910.6 mi
64
MA-644431
Dirt · Full utilities
6.2Jun 27, 2024$246,70039,85928,7908.3 mi
63
MA-636764
Gravel · Full utilities
33.6May 25, 2024$1,497,10044,59833,2916.9 mi
57
Show adjustment detail for the top comp
  • Tract size (7.94 ac → 12.29 ac)-3.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.