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Caroline County, MD · Sold

MD-441374

354 County Road 389

$10,200
$12,593/ac · 0.81 ac
Acreage0.81 ac
Price per acre$12,593/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 29, 2026
Coordinates38.8986, -75.8102
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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,756 ft away

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

Buildable area0.74 of 0.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,644
$10,266$17,023 · $16,845/ac on 0.81 ac
Asking vs estimate
-25.2%
Priced below the comp set

Weighted from 6 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 $10,200
Maximum allowable offer
$7,797
$9,626/ac · +30.0% target margin

You need $2,403 off asking to hit this margin.

All-in cost$8,460
Net resale$12,553
Projected profit$4,093
ROI+48.4%
Annualized+69.2%
Break-even resale$11,352/ac
Profit if resale lands off target
-20%
$1,583
-10%
$2,838
0%
$4,093
+10%
$5,348
+20%
$6,604
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-200141
Paved · Power at road
0.3Jul 27, 2026$10,50031,90519,7091.7 mi
74
MD-843392
Dirt · Off grid
3.5Jul 27, 2026$64,20018,35618,8961.8 mi
74
MD-952690
Dirt · Power at road
2.1May 12, 2026$56,10026,57523,1403.9 mi
73
MD-651725
Gravel · Off grid
1.1Dec 19, 2024$14,30013,59312,5346.3 mi
71
MD-352813
Dirt · Power at road
2.3Mar 12, 2024$29,70012,90512,2726.3 mi
64
MD-163563
Landlocked · Off grid
4.0Aug 16, 2025$38,6009,73613,2352.7 mi
62
Show adjustment detail for the top comp
  • Tract size (0.33 ac → 0.81 ac)-0.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

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.