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Baltimore County, MD · Sold

MD-295441

5824 County Road 368

$236,900
$15,333/ac · 15.45 ac
Acreage15.45 ac
Price per acre$15,333/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJan 2, 2024
Coordinates39.3988, -76.5925
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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 County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Baltimore market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

735 ft of deeded road frontage.

Power135 ft away

Power at or near the road.

Buildable area14.46 of 15.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$244,196
$182,626$305,767 · $15,806/ac on 15.45 ac
Asking vs estimate
-3.0%
In line with 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 $236,900
Maximum allowable offer
$139,541
$9,032/ac · +30.0% target margin

You need $97,359 off asking to hit this margin.

All-in cost$151,402
Net resale$224,661
Projected profit$73,259
ROI+48.4%
Annualized+69.2%
Break-even resale$10,652/ac
Profit if resale lands off target
-20%
$28,327
-10%
$50,793
0%
$73,259
+10%
$95,725
+20%
$118,191
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-266009
Paved · Full utilities
23.3Jul 27, 2026$317,50013,62211,7765.1 mi
81
MD-245174
Paved · Off grid
12.7Jun 28, 2025$183,90014,44617,4567.2 mi
75
MD-916134
Paved · Off grid
25.5Jan 12, 2026$221,9008,69711,1799.0 mi
73
MD-226494
Gravel · Off grid
33.1Jul 27, 2026$419,40012,66019,5678.1 mi
72
MD-615236
Dirt · Off grid
13.3Sep 1, 2024$167,90012,60621,6845.7 mi
71
MD-483899
Landlocked · Power at road
5.1Sep 13, 2025$40,9008,09013,4208.5 mi
63
Show adjustment detail for the top comp
  • Tract size (23.31 ac → 15.45 ac)+5.2%
  • Utilities (Full utilities → Power at road)-18.0%

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.