Caroline County, MD · Sold

MD-637860

3883 County Road 199

$1,137,100

$12,759/ac · 89.12 ac

Offer report Market this tract

Acreage89.12 ac

Price per acre$12,759/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedNov 3, 2023

Coordinates38.9041, -75.7513

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County GIS boundary

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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

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

$1,277,243

$1,100,294 – $1,454,193 · $14,332/ac on 89.12 ac

Asking vs estimate

-11.0%

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

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$729,853

$8,190/ac · +30.0% target margin

You need $407,247 off asking to hit this margin.

All-in cost$791,891

Net resale$1,175,064

Projected profit$383,174

ROI+48.4%

Annualized+69.2%

Break-even resale$9,658/ac

Profit if resale lands off target

-20%

$148,161

-10%

$265,667

$383,174

+10%

$500,680

+20%

$618,186

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-537896 Gravel · Off grid	91.5	Sep 4, 2025	$1,367,100	14,944	18,395	4.7 mi	81
MD-428011 Gravel · Off grid	99.4	Sep 13, 2025	$1,183,000	11,899	14,932	4.2 mi	80
MD-887069 Paved · Off grid	50.3	Jan 21, 2026	$800,000	15,921	14,321	5.8 mi	76
MD-437453 Gravel · Off grid	66.4	Apr 9, 2025	$852,900	12,853	14,931	2.8 mi	75
MD-996896 Gravel · Power at road	44.3	Jun 16, 2025	$612,400	13,815	12,462	3.5 mi	72
MD-569118 Landlocked · Power at road	221.7	Jul 27, 2026	$1,470,800	6,634	12,423	9.2 mi	71
MD-717228 Landlocked · Off grid	56.4	Mar 7, 2025	$534,000	9,471	15,680	1.1 mi	71
MD-308149 Dirt · Off grid	109.9	Oct 24, 2024	$805,700	7,333	11,363	6.1 mi	70
MD-158364 Landlocked · Power at road	128.4	Aug 12, 2024	$1,126,900	8,777	15,333	6.6 mi	69
MD-756677 Dirt · Off grid	37.8	Nov 30, 2025	$410,400	10,849	12,762	2.6 mi	69

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 (11 mo)+4.0%

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.

Build the listing kit Post a deal or JV