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Caroline County, MD · Sold

MD-537896

9352 County Road 293

$1,459,000
$15,949/ac · 91.48 ac
Acreage91.48 ac
Price per acre$15,949/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJun 25, 2025
Coordinates38.8361, -75.7510
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,538 ft of deeded road frontage.

Power6,928 ft away

A long utility run — price in solar/off-grid instead.

Buildable area70.70 of 91.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,122,704
$919,846$1,325,562 · $12,273/ac on 91.48 ac
Asking vs estimate
+30.0%
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 $1,459,000
Maximum allowable offer
$641,545
$7,013/ac · +30.0% target margin

You need $817,455 off asking to hit this margin.

All-in cost$696,076
Net resale$1,032,888
Projected profit$336,811
ROI+48.4%
Annualized+69.2%
Break-even resale$8,271/ac
Profit if resale lands off target
-20%
$130,234
-10%
$233,522
0%
$336,811
+10%
$440,100
+20%
$543,389
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,89912,6133.3 mi
83
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45114,9830.6 mi
78
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,6289,7684.7 mi
76
MD-308149
Dirt · Off grid
109.9Oct 24, 2024$805,7007,3339,5981.4 mi
76
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,85312,6127.5 mi
74
MD-996896
Gravel · Power at road
44.3Jun 16, 2025$612,40013,81510,5266.5 mi
72
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,92112,0969.0 mi
71
MD-569118
Landlocked · Power at road
221.7Jul 27, 2026$1,470,8006,63410,49310.8 mi
69
MD-217195
Dirt · Full utilities
55.0Oct 22, 2024$1,199,10021,78216,9446.6 mi
69
MD-717228
Landlocked · Off grid
56.4Mar 7, 2025$534,0009,47113,2445.8 mi
69
Show adjustment detail for the top comp
  • Tract size (99.42 ac → 91.48 ac)+2.0%
  • Market time (11 mo)+3.9%

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.