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Allegany County, MD · Sold

MD-670824

8583 County Road 198

$5,900
$10,926/ac · 0.54 ac
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
48
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
$4,766
$3,958$5,574 · $8,826/ac on 0.54 ac
Asking vs estimate
+23.8%
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
Maximum allowable offer
$2,723
$5,043/ac · +30.0% target margin

You need $3,177 off asking to hit this margin.

All-in cost$2,954
Net resale$4,385
Projected profit$1,430
ROI+48.4%
Annualized+69.3%
Break-even resale$5,947/ac
Profit if resale lands off target
-20%
$553
-10%
$992
0%
$1,430
+10%
$1,869
+20%
$2,307
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-301729
Gravel · Full utilities
1.1Jul 27, 2026$21,90020,8139,9351.8 mi
77
MD-850702
Dirt · Power at road
0.5Sep 18, 2024$5,80011,6618,4627.3 mi
76
MD-492534
Dirt · Power at road
1.9Jul 27, 2026$28,60015,21010,3875.6 mi
73
MD-910378
Dirt · Power at road
0.4Feb 4, 2026$5,30013,6659,3739.3 mi
73
MD-722221
Gravel · Power at road
1.5Jul 27, 2026$15,80010,5306,1613.1 mi
73
MD-480379
Paved · Full utilities
0.4Apr 24, 2025$6,60016,9807,1818.7 mi
68
MD-101506
Gravel · Power at road
0.9Jul 21, 2024$14,40016,20710,2191.5 mi
67
Show adjustment detail for the top comp
  • Tract size (1.05 ac → 0.54 ac)+0.5%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.