← New search
Essex County, MA · Sold

MA-636764

1621 County Road 323

$1,489,700
$44,376/ac · 33.57 ac
Acreage33.57 ac
Price per acre$44,376/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedDec 2, 2023
Coordinates42.6156, -70.8865
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
1
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

514 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.41 of 33.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,209,654
$950,022$1,469,286 · $36,034/ac on 33.57 ac
Asking vs estimate
+23.2%
Priced above 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 $1,489,700
Maximum allowable offer
$691,231
$20,591/ac · +30.0% target margin

You need $798,469 off asking to hit this margin.

All-in cost$749,986
Net resale$1,112,882
Projected profit$362,896
ROI+48.4%
Annualized+69.2%
Break-even resale$24,284/ac
Profit if resale lands off target
-20%
$140,320
-10%
$251,608
0%
$362,896
+10%
$474,184
+20%
$585,472
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-476738
Dirt · Off grid
33.0Nov 3, 2025$724,00021,97437,7592.6 mi
82
MA-655377
Dirt · Off grid
12.3Jul 27, 2026$373,00030,35344,5626.9 mi
70
MA-807751
Landlocked · Power at road
68.6Jan 19, 2026$1,029,00014,99431,7036.8 mi
68
MA-357380
Landlocked · Off grid
52.5Dec 27, 2024$482,0009,19022,5275.8 mi
67
MA-445951
Dirt · Power at road
18.6Aug 21, 2024$451,60024,23934,1922.7 mi
66
MA-975108
Gravel · Off grid
10.1Mar 30, 2024$339,60033,56145,7283.4 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (9 mo)+3.3%

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.