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Caroline County, MD · Sold

MD-879770

9489 County Road 289

$1,762,700
$4,958/ac · 356 ac
Acreage356 ac
Price per acre$4,958/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 12, 2026
Coordinates38.9259, -75.8247
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands5.0% 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

1,413 ft of deeded road frontage.

Power11,268 ft away

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

Buildable area320.87 of 355.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,512,157
$2,099,509$2,924,805 · $7,066/ac on 356 ac
Asking vs estimate
-29.8%
Priced below 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 $1,762,700
Maximum allowable offer
$1,435,518
$4,038/ac · +30.0% target margin

You need $327,182 off asking to hit this margin.

All-in cost$1,557,537
Net resale$2,311,184
Projected profit$753,647
ROI+48.4%
Annualized+69.2%
Break-even resale$4,762/ac
Profit if resale lands off target
-20%
$291,410
-10%
$522,529
0%
$753,647
+10%
$984,766
+20%
$1,215,884
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-569118
Landlocked · Power at road
221.7Jul 27, 2026$1,470,8006,6346,2365.2 mi
77
MD-308149
Dirt · Off grid
109.9Oct 24, 2024$805,7007,3335,7048.6 mi
65
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,8997,4964.7 mi
63
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,9449,2347.4 mi
61
MD-158364
Landlocked · Power at road
128.4Aug 12, 2024$1,126,9008,7777,6972.9 mi
60
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,8537,4954.0 mi
59
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,6285,8054.2 mi
56
Show adjustment detail for the top comp
  • Tract size (221.7 ac → 355.54 ac)-12.8%
  • Access (Landlocked → Dirt)+26.5%
  • 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.