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Anne Arundel County, MD · Sold

MD-382522

3038 County Road 111

$75,700
$40,699/ac · 1.86 ac
Acreage1.86 ac
Price per acre$40,699/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedFeb 29, 2024
Coordinates38.9151, -76.5466
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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

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

View Anne Arundel market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands20.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.40 of 1.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$58,186
$48,864$67,508 · $31,283/ac on 1.86 ac
Asking vs estimate
+30.1%
Priced above 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 $75,700
Maximum allowable offer
$33,249
$17,876/ac · +30.0% target margin

You need $42,451 off asking to hit this margin.

All-in cost$36,075
Net resale$53,531
Projected profit$17,456
ROI+48.4%
Annualized+69.3%
Break-even resale$21,082/ac
Profit if resale lands off target
-20%
$6,750
-10%
$12,103
0%
$17,456
+10%
$22,809
+20%
$28,162
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-952197
Paved · Full utilities
1.5Jul 27, 2026$41,10027,93527,8876.4 mi
86
MD-412265
Dirt · Off grid
1.6Jul 27, 2026$18,60011,99823,6073.6 mi
83
MD-262262
Gravel · Off grid
1.5Jul 27, 2026$26,70017,35929,3693.5 mi
83
MD-162398
Gravel · Power at road
1.7Feb 13, 2025$47,60028,01542,8076.4 mi
78
MD-682280
Gravel · Power at road
1.6Sep 22, 2025$34,70022,23533,1154.4 mi
76
MD-522658
Gravel · Off grid
2.1Oct 18, 2024$32,50015,76728,8103.4 mi
74
MD-782899
Gravel · Power at road
2.5Dec 27, 2025$47,70019,45128,91610.5 mi
72
MD-102501
Dirt · Full utilities
1.8Oct 30, 2023$42,00022,85035,0289.1 mi
71
MD-443325
Paved · Full utilities
3.3Jul 26, 2025$105,90031,72133,6129.9 mi
70
MD-713581
Dirt · Power at road
4.0Jun 12, 2025$69,40017,27230,9856.9 mi
64
Show adjustment detail for the top comp

    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.