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Caroline County, MD · Sold

MD-437453

2037 County Road 12

$1,005,800
$15,157/ac · 66.36 ac
Acreage66.36 ac
Price per acre$15,157/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 7, 2025
Coordinates38.9451, -75.7550
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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

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

View Caroline market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

851 ft of deeded road frontage.

Power12,430 ft away

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

Buildable area61.21 of 66.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$907,051
$744,543$1,069,559 · $13,669/ac on 66.36 ac
Asking vs estimate
+10.9%
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 $1,005,800
Maximum allowable offer
$518,315
$7,811/ac · +30.0% target margin

You need $487,485 off asking to hit this margin.

All-in cost$562,372
Net resale$834,487
Projected profit$272,115
ROI+48.4%
Annualized+69.2%
Break-even resale$9,211/ac
Profit if resale lands off target
-20%
$105,218
-10%
$188,667
0%
$272,115
+10%
$355,564
+20%
$439,013
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,92113,0275.1 mi
78
MD-717228
Landlocked · Off grid
56.4Mar 7, 2025$534,0009,47114,2631.8 mi
77
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,94416,7347.5 mi
76
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,89913,5836.4 mi
75
MD-756677
Dirt · Off grid
37.8Nov 30, 2025$410,40010,84911,6103.2 mi
74
MD-996896
Gravel · Power at road
44.3Jun 16, 2025$612,40013,81511,3363.8 mi
74
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45116,1368.0 mi
74
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,62810,5202.8 mi
72
MD-845940
Gravel · Off grid
22.2Jan 5, 2026$300,10013,52911,4024.4 mi
70
MD-217195
Dirt · Full utilities
55.0Oct 22, 2024$1,199,10021,78218,24811.4 mi
67
Show adjustment detail for the top comp
  • Tract size (50.25 ac → 66.36 ac)-5.7%
  • Access (Paved → Gravel)-15.3%
  • Market time (7 mo)+2.4%

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.