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Hampden County, MA · Sold

MA-329634

1516 County Road 237

$3,661,200
$13,637/ac · 268 ac
Acreage268 ac
Price per acre$13,637/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedDec 6, 2023
Coordinates42.0690, -72.6692
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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

Hampden County, Massachusetts. Very limited raw supply; wetlands review drives most deals.

View Hampden market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope21.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power237 ft away

Power at or near the road.

Buildable area155.77 of 268.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,084,290
$2,790,116$3,378,464 · $11,488/ac on 268 ac
Asking vs estimate
+18.7%
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 $3,661,200
Maximum allowable offer
$1,762,452
$6,565/ac · +30.0% target margin

You need $1,898,748 off asking to hit this margin.

All-in cost$1,912,260
Net resale$2,837,547
Projected profit$925,287
ROI+48.4%
Annualized+69.2%
Break-even resale$7,742/ac
Profit if resale lands off target
-20%
$357,777
-10%
$641,532
0%
$925,287
+10%
$1,209,041
+20%
$1,492,796
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MA-969057
Landlocked · Power at road
176.8Jul 27, 2026$1,989,10011,25310,0283.4 mi
84
MA-528954
Dirt · Power at road
164.1Jun 23, 2025$2,958,80018,03613,0232.0 mi
78
MA-108554
Paved · Power at road
122.8Jul 13, 2026$2,948,40024,01411,2125.6 mi
75
MA-829864
Dirt · Off grid
317.2Nov 26, 2024$3,756,20011,84312,3984.2 mi
73
MA-508479
Gravel · Off grid
116.3Jan 9, 2026$1,937,80016,66310,8779.4 mi
70
Show adjustment detail for the top comp
  • Tract size (176.76 ac → 268.48 ac)-11.1%

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.