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Caroline County, MD · Sold

MD-695664

7187 County Road 128

$427,700
$23,552/ac · 18.16 ac
Acreage18.16 ac
Price per acre$23,552/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJan 3, 2025
Coordinates38.8790, -75.8982
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

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

975 ft of deeded road frontage.

Power40 ft away

Power at or near the road.

Buildable area17.04 of 18.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$360,023
$295,397$424,649 · $19,825/ac on 18.16 ac
Asking vs estimate
+18.8%
Priced above the comp set

Weighted from 7 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 $427,700
Maximum allowable offer
$205,727
$11,329/ac · +30.0% target margin

You need $221,973 off asking to hit this margin.

All-in cost$223,214
Net resale$331,221
Projected profit$108,007
ROI+48.4%
Annualized+69.3%
Break-even resale$13,360/ac
Profit if resale lands off target
-20%
$41,763
-10%
$74,885
0%
$108,007
+10%
$141,130
+20%
$174,252
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-845940
Gravel · Off grid
22.2Jan 5, 2026$300,10013,52916,7477.0 mi
79
MD-756677
Dirt · Off grid
37.8Nov 30, 2025$410,40010,84917,0525.9 mi
68
MD-996896
Gravel · Power at road
44.3Jun 16, 2025$612,40013,81516,6505.2 mi
68
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,92119,1345.0 mi
66
MD-217195
Dirt · Full utilities
55.0Oct 22, 2024$1,199,10021,78226,8035.4 mi
58
MD-717228
Landlocked · Off grid
56.4Mar 7, 2025$534,0009,47120,9508.1 mi
58
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45123,7018.4 mi
57
Show adjustment detail for the top comp
  • Tract size (22.18 ac → 18.16 ac)+2.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.6%

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.