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Allegany County, MD · Sold

MD-429627

7627 County Road 7

$2,686,100
$8,380/ac · 321 ac
Acreage321 ac
Price per acre$8,380/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedOct 18, 2023
Coordinates39.6197, -78.7726
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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

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

View Allegany market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,303 ft of deeded road frontage.

Power5,542 ft away

A long utility run — price in solar/off-grid instead.

Buildable area303.30 of 320.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,722,132
$1,401,242$2,043,022 · $5,372/ac on 321 ac
Asking vs estimate
+56.0%
Priced above the comp set

Weighted from 6 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 $2,686,100
Maximum allowable offer
$984,075
$3,070/ac · +30.0% target margin

You need $1,702,025 off asking to hit this margin.

All-in cost$1,067,721
Net resale$1,584,362
Projected profit$516,640
ROI+48.4%
Annualized+69.2%
Break-even resale$3,621/ac
Profit if resale lands off target
-20%
$199,768
-10%
$358,204
0%
$516,640
+10%
$675,076
+20%
$833,512
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-429463
Paved · Full utilities
284.6Jul 27, 2026$2,882,70010,1274,9794.8 mi
84
MD-988581
Gravel · Power at road
150.3Jul 27, 2026$1,211,8008,0664,7764.1 mi
75
MD-618131
Gravel · Full utilities
108.5May 19, 2026$1,424,60013,1365,9062.9 mi
74
MD-848788
Gravel · Power at road
174.6Mar 21, 2025$1,091,4006,2534,0740.9 mi
69
MD-918999
Landlocked · Power at road
203.4Jun 9, 2025$1,502,0007,3857,3176.4 mi
68
MD-379069
Landlocked · Power at road
214.0Feb 4, 2024$1,068,7004,9955,2895.7 mi
65
Show adjustment detail for the top comp
  • Tract size (284.64 ac → 320.55 ac)-3.4%
  • Access (Paved → Dirt)-27.1%
  • 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.