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Allegany County, MD · Sold

MD-707345

4956 County Road 360

$316,500
$5,157/ac · 61.37 ac
Acreage61.37 ac
Price per acre$5,157/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedOct 6, 2023
Coordinates39.6874, -78.6058
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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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

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.

Power11 ft away

Power at or near the road.

Buildable area49.09 of 61.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$475,246
$367,411$583,081 · $7,744/ac on 61.37 ac
Asking vs estimate
-33.4%
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 $316,500
Maximum allowable offer
$271,569
$4,425/ac · +30.0% target margin

You need $44,931 off asking to hit this margin.

All-in cost$294,652
Net resale$437,226
Projected profit$142,574
ROI+48.4%
Annualized+69.2%
Break-even resale$5,219/ac
Profit if resale lands off target
-20%
$55,129
-10%
$98,851
0%
$142,574
+10%
$186,296
+20%
$230,019
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-187191
Gravel · Power at road
54.9Jul 27, 2026$727,00013,2448,8167.3 mi
89
MD-427041
Gravel · Power at road
49.2Jul 27, 2026$423,1008,5935,5954.6 mi
89
MD-587786
Gravel · Off grid
84.5Jun 28, 2026$617,4007,3096,3190.9 mi
82
MD-767354
Gravel · Full utilities
61.8Mar 31, 2025$880,50014,2558,4163.4 mi
77
MD-988581
Gravel · Power at road
150.3Jul 27, 2026$1,211,8008,0666,8329.4 mi
76
MD-618131
Gravel · Full utilities
108.5May 19, 2026$1,424,60013,1368,44811.4 mi
71
MD-918999
Landlocked · Power at road
203.4Jun 9, 2025$1,502,0007,38510,4664.2 mi
66
MD-786603
Paved · Off grid
35.9Aug 2, 2025$286,0007,9775,08211.3 mi
65
MD-536157
Dirt · Off grid
25.9Nov 19, 2025$335,80012,94110,6088.8 mi
65
MD-379069
Landlocked · Power at road
214.0Feb 4, 2024$1,068,7004,9957,5666.0 mi
64
Show adjustment detail for the top comp
  • Tract size (54.89 ac → 61.37 ac)-2.3%
  • 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.