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Caroline County, MD · Sold

MD-637860

3883 County Road 199

$1,137,100
$12,759/ac · 89.12 ac
Acreage89.12 ac
Price per acre$12,759/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedNov 3, 2023
Coordinates38.9041, -75.7513
Loading terrain…
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

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

View Caroline market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope15.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,963 ft of deeded road frontage.

Power14 ft away

Power at or near the road.

Buildable area68.02 of 89.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,325,824
$1,134,102 – $1,517,547 · $14,877/ac on 89.12 ac
Asking vs estimate
-14.2%
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 $1,137,100
Maximum allowable offer
$757,614
$8,501/ac · +30.0% target margin

You need $379,486 off asking to hit this margin.

All-in cost$822,011
Net resale$1,219,758
Projected profit$397,747
ROI+48.4%
Annualized+69.2%
Break-even resale$10,026/ac
Profit if resale lands off target
-20%
$153,796
-10%
$275,771
0%
$397,747
+10%
$519,723
+20%
$641,699
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,94418,4944.7 mi
80
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,89915,0124.2 mi
79
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,85315,0102.8 mi
75
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,92114,3995.8 mi
75
MD-996896
Gravel · Power at road
44.3Jun 16, 2025$612,40013,81512,5283.5 mi
72
MD-717228
Landlocked · Off grid
56.4Mar 7, 2025$534,0009,47115,7621.1 mi
70
MD-569118
Landlocked · Power at road
221.7Jul 27, 2026$1,470,8006,63412,4929.2 mi
70
MD-308149
Dirt · Off grid
109.9Oct 24, 2024$805,7007,33311,4226.1 mi
69
MD-158364
Landlocked · Power at road
128.4Aug 12, 2024$1,126,9008,77715,4136.6 mi
68
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45117,8325.2 mi
68
Show adjustment detail for the top comp
  • Tract size (91.48 ac → 89.12 ac)+0.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.5%

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.