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Essex County, MA · Sold

MA-199037

8406 County Road 235

$4,438,400
$25,476/ac · 174 ac
Acreage174 ac
Price per acre$25,476/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedMay 9, 2025
Coordinates42.5706, -70.9415
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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

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope13.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,306 ft of deeded road frontage.

Power1,776 ft away

Service extension needed; get a utility quote.

Buildable area136.03 of 174.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,093,341
$2,480,962$3,705,720 · $17,755/ac on 174 ac
Asking vs estimate
+43.5%
Priced above the comp set

Weighted from 5 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 $4,438,400
Maximum allowable offer
$1,767,623
$10,146/ac · +30.0% target margin

You need $2,670,777 off asking to hit this margin.

All-in cost$1,917,871
Net resale$2,845,874
Projected profit$928,003
ROI+48.4%
Annualized+69.2%
Break-even resale$11,966/ac
Profit if resale lands off target
-20%
$358,828
-10%
$643,415
0%
$928,003
+10%
$1,212,590
+20%
$1,497,177
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-559593
Gravel · Full utilities
260.6Jan 17, 2026$6,186,00023,73522,3749.0 mi
76
MA-999355
Gravel · Full utilities
219.3Dec 26, 2025$3,548,80016,17914,55810.3 mi
73
MA-807751
Landlocked · Power at road
68.6Jan 19, 2026$1,029,00014,99417,94110.7 mi
68
MA-508629
Gravel · Full utilities
129.6Nov 26, 2024$3,212,60024,78120,18910.7 mi
66
MA-357380
Landlocked · Off grid
52.5Dec 27, 2024$482,0009,19012,7488.7 mi
58
Show adjustment detail for the top comp
  • Tract size (260.63 ac → 174.22 ac)+12.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (7 mo)+2.4%

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.