Allegany County, MD · Sold

MD-670824

8583 County Road 198

$5,900

$10,926/ac · 0.54 ac

Offer report Market this tract

Acreage0.54 ac

Price per acre$10,926/ac

ZoningMixed Use

Road accessLandlocked

UtilitiesOff grid

TopographySloped

ListedApr 1, 2024

Coordinates39.6338, -78.6483

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

Allegany County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Allegany market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope26.1%

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.

Power1,230 ft away

Service extension needed; get a utility quote.

Buildable area0.32 of 0.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$4,792

$3,981 – $5,603 · $8,874/ac on 0.54 ac

Asking vs estimate

+23.1%

Priced above the comp set

Weighted from 7 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 $5,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$2,738

$5,071/ac · +30.0% target margin

You need $3,162 off asking to hit this margin.

All-in cost$2,971

Net resale$4,408

Projected profit$1,438

ROI+48.4%

Annualized+69.3%

Break-even resale$5,980/ac

Profit if resale lands off target

-20%

$556

-10%

$997

$1,438

+10%

$1,879

+20%

$2,319

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-850702 Dirt · Power at road	0.5	Sep 18, 2024	$5,800	11,661	8,506	7.3 mi	76
MD-301729 Gravel · Full utilities	1.1	Jul 27, 2026	$21,900	20,813	9,990	1.8 mi	76
MD-910378 Dirt · Power at road	0.4	Feb 4, 2026	$5,300	13,665	9,424	9.3 mi	72
MD-492534 Dirt · Power at road	1.9	Jul 27, 2026	$28,600	15,210	10,444	5.6 mi	72
MD-722221 Gravel · Power at road	1.5	Jul 27, 2026	$15,800	10,530	6,195	3.1 mi	71
MD-480379 Paved · Full utilities	0.4	Apr 24, 2025	$6,600	16,980	7,220	8.7 mi	68
MD-101506 Gravel · Power at road	0.9	Jul 21, 2024	$14,400	16,207	10,272	1.5 mi	67

Show adjustment detail for the top comp

Access (Dirt → Landlocked)-20.9%
Utilities (Power at road → Off grid)-15.0%
Market time (24 mo)+8.6%

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.

Build the listing kit Post a deal or JV