← New search
Caroline County, MD · Sold

MD-308149

2541 County Road 380

$915,600
$8,333/ac · 110 ac
Acreage110 ac
Price per acre$8,333/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMay 11, 2024
Coordinates38.8162, -75.7487
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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,079 ft of deeded road frontage.

Power8,160 ft away

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

Buildable area89.88 of 109.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,089,935
$895,679$1,284,191 · $9,919/ac on 110 ac
Asking vs estimate
-16.0%
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 $915,600
Maximum allowable offer
$622,820
$5,668/ac · +30.0% target margin

You need $292,780 off asking to hit this margin.

All-in cost$675,760
Net resale$1,002,740
Projected profit$326,980
ROI+48.4%
Annualized+69.2%
Break-even resale$6,685/ac
Profit if resale lands off target
-20%
$126,432
-10%
$226,706
0%
$326,980
+10%
$427,254
+20%
$527,528
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,94412,7731.4 mi
80
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,89910,3684.3 mi
79
MD-879770
Dirt · Off grid
355.5Jul 27, 2026$1,782,1005,0126,9498.6 mi
76
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45112,3171.0 mi
73
MD-569118
Landlocked · Power at road
221.7Jul 27, 2026$1,470,8006,6348,62611.7 mi
71
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,6288,0306.1 mi
69
MD-158364
Landlocked · Power at road
128.4Aug 12, 2024$1,126,9008,77710,6479.3 mi
68
MD-756677
Dirt · Off grid
37.8Nov 30, 2025$410,40010,8498,8627.2 mi
68
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,9219,94410.2 mi
68
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,85310,3688.9 mi
67
Show adjustment detail for the top comp
  • Tract size (91.48 ac → 109.88 ac)-4.4%
  • Access (Gravel → Dirt)-14.0%
  • 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.