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Allegany County, MD · Sold

MD-379069

4308 County Road 16

$1,156,600
$5,405/ac · 214 ac
Acreage214 ac
Price per acre$5,405/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedOct 3, 2023
Coordinates39.6131, -78.6649
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
41
Moderate risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

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.

Power130 ft away

Power at or near the road.

Buildable area168.92 of 213.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,255,886
$911,841$1,599,930 · $5,869/ac on 214 ac
Asking vs estimate
-7.9%
Priced below the comp set

Weighted from 9 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 $1,156,600
Maximum allowable offer
$717,649
$3,354/ac · +30.0% target margin

You need $438,951 off asking to hit this margin.

All-in cost$778,649
Net resale$1,155,415
Projected profit$376,766
ROI+48.4%
Annualized+69.2%
Break-even resale$3,955/ac
Profit if resale lands off target
-20%
$145,683
-10%
$261,224
0%
$376,766
+10%
$492,307
+20%
$607,848
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-988581
Gravel · Power at road
150.3Jul 27, 2026$1,211,8008,0664,9897.7 mi
84
MD-918999
Landlocked · Power at road
203.4Jun 9, 2025$1,502,0007,3857,6435.0 mi
81
MD-429463
Paved · Full utilities
284.6Jul 27, 2026$2,882,70010,1275,2017.8 mi
79
MD-848788
Gravel · Power at road
174.6Mar 21, 2025$1,091,4006,2534,2565.2 mi
74
MD-618131
Gravel · Full utilities
108.5May 19, 2026$1,424,60013,1366,1706.0 mi
72
MD-587786
Gravel · Off grid
84.5Jun 28, 2026$617,4007,3094,6156.0 mi
70
MD-429627
Dirt · Off grid
320.6Oct 5, 2024$2,707,6008,4479,5145.7 mi
67
MD-707345
Landlocked · Power at road
61.4Nov 6, 2023$334,5005,4514,4466.0 mi
63
MD-767354
Gravel · Full utilities
61.8Mar 31, 2025$880,50014,2556,1473.5 mi
60
Show adjustment detail for the top comp
  • Tract size (150.25 ac → 213.97 ac)-9.2%
  • Access (Gravel → Landlocked)-32.0%

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.