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Allegany County, MD · Sold

MD-786603

1516 County Road 107

$345,400
$9,635/ac · 35.85 ac
Acreage35.85 ac
Price per acre$9,635/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedDec 18, 2024
Coordinates39.5366, -78.6881
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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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope10.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,854 ft away

Service extension needed; get a utility quote.

Buildable area32.80 of 35.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$471,706
$372,484$570,927 · $13,158/ac on 35.85 ac
Asking vs estimate
-26.8%
Priced below the comp set

Weighted from 10 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 $345,400
Maximum allowable offer
$269,546
$7,519/ac · +30.0% target margin

You need $75,854 off asking to hit this margin.

All-in cost$292,457
Net resale$433,969
Projected profit$141,512
ROI+48.4%
Annualized+69.3%
Break-even resale$8,867/ac
Profit if resale lands off target
-20%
$54,718
-10%
$98,115
0%
$141,512
+10%
$184,909
+20%
$228,306
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-427041
Gravel · Power at road
49.2Jul 27, 2026$423,1008,5939,1658.5 mi
79
MD-525751
Dirt · Off grid
19.3Jul 30, 2025$161,8008,36810,9281.0 mi
77
MD-536157
Dirt · Off grid
25.9Nov 19, 2025$335,80012,94117,3775.1 mi
76
MD-187191
Gravel · Power at road
54.9Jul 27, 2026$727,00013,24414,4409.1 mi
76
MD-587786
Gravel · Off grid
84.5Jun 28, 2026$617,4007,30910,35111.4 mi
70
MD-356743
Gravel · Full utilities
39.7Feb 7, 2024$751,00018,92717,5249.6 mi
68
MD-618131
Gravel · Full utilities
108.5May 19, 2026$1,424,60013,13613,8375.1 mi
68
MD-526012
Paved · Power at road
23.4Sep 17, 2024$373,40015,97813,71710.7 mi
66
MD-195294
Gravel · Power at road
13.9Feb 5, 2026$165,30011,90310,7168.8 mi
65
MD-767354
Gravel · Full utilities
61.8Mar 31, 2025$880,50014,25513,7868.9 mi
65
Show adjustment detail for the top comp
  • Tract size (49.24 ac → 35.85 ac)+6.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.