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Essex County, MA · Sold

MA-807751

8944 County Road 208

$1,117,300
$16,280/ac · 68.63 ac
Acreage68.63 ac
Price per acre$16,280/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 27, 2024
Coordinates42.6518, -70.7615
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

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power146 ft away

Power at or near the road.

Buildable area56.98 of 68.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,163,663
$869,732$1,457,594 · $16,956/ac on 68.63 ac
Asking vs estimate
-4.0%
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 $1,117,300
Maximum allowable offer
$664,950
$9,689/ac · +30.0% target margin

You need $452,350 off asking to hit this margin.

All-in cost$721,471
Net resale$1,070,570
Projected profit$349,099
ROI+48.4%
Annualized+69.2%
Break-even resale$11,427/ac
Profit if resale lands off target
-20%
$134,985
-10%
$242,042
0%
$349,099
+10%
$456,156
+20%
$563,213
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-357380
Landlocked · Off grid
52.5Dec 27, 2024$482,0009,19010,9108.6 mi
71
MA-508629
Gravel · Full utilities
129.6Nov 26, 2024$3,212,60024,78117,2770.9 mi
67
MA-199037
Paved · Off grid
174.2Oct 19, 2025$3,905,80022,41919,84810.7 mi
66
MA-476738
Dirt · Off grid
33.0Nov 3, 2025$724,00021,97418,2868.4 mi
66
MA-999355
Gravel · Full utilities
219.3Dec 26, 2025$3,548,80016,17912,45811.0 mi
61
MA-636764
Gravel · Full utilities
33.6May 25, 2024$1,497,10044,59823,6186.8 mi
60
Show adjustment detail for the top comp
  • Tract size (52.45 ac → 68.63 ac)-5.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (20 mo)+6.9%

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.