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Baltimore city County, MD · Sold

MD-958231

8168 County Road 198

$2,458,100
$21,081/ac · 117 ac
Acreage117 ac
Price per acre$21,081/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedDec 3, 2023
Coordinates39.3523, -76.5848
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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

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

View Baltimore city market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands20.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

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 area88.06 of 116.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,028,453
$2,548,399$3,508,506 · $25,973/ac on 117 ac
Asking vs estimate
-18.8%
Priced below the comp set

Weighted from 5 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 $2,458,100
Maximum allowable offer
$1,730,544
$14,842/ac · +30.0% target margin

You need $727,556 off asking to hit this margin.

All-in cost$1,877,640
Net resale$2,786,176
Projected profit$908,536
ROI+48.4%
Annualized+69.2%
Break-even resale$17,504/ac
Profit if resale lands off target
-20%
$351,301
-10%
$629,918
0%
$908,536
+10%
$1,187,154
+20%
$1,465,771
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-508110
Landlocked · Off grid
106.8Sep 25, 2025$1,519,90014,23030,4762.5 mi
80
MD-968780
Landlocked · Off grid
173.6Sep 26, 2025$1,544,1008,89721,6362.8 mi
74
MD-879063
Landlocked · Off grid
213.0Jul 17, 2024$1,672,7007,85121,1862.6 mi
70
MD-136283
Paved · Full utilities
28.4Jul 27, 2026$1,158,10040,73625,7775.8 mi
69
MD-647351
Gravel · Power at road
61.6Jan 1, 2025$1,686,20027,35630,6716.5 mi
66
Show adjustment detail for the top comp
  • Tract size (106.81 ac → 116.6 ac)-2.2%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.7%

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.