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Caroline County, MD · Sold

MD-428011

7260 County Road 16

$1,253,200
$12,605/ac · 99.42 ac
Acreage99.42 ac
Price per acre$12,605/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedAug 31, 2024
Coordinates38.8602, -75.8044
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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

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands20.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power894 ft away

Service extension needed; get a utility quote.

Buildable area75.18 of 99.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,190,395
$996,713$1,384,076 · $11,973/ac on 99.42 ac
Asking vs estimate
+5.3%
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 $1,253,200
Maximum allowable offer
$680,226
$6,842/ac · +30.0% target margin

You need $572,974 off asking to hit this margin.

All-in cost$738,045
Net resale$1,095,163
Projected profit$357,118
ROI+48.4%
Annualized+69.2%
Break-even resale$8,069/ac
Profit if resale lands off target
-20%
$138,085
-10%
$247,602
0%
$357,118
+10%
$466,634
+20%
$576,151
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,94415,2263.3 mi
83
MD-569118
Landlocked · Power at road
221.7Jul 27, 2026$1,470,8006,63410,2837.5 mi
76
MD-308149
Dirt · Off grid
109.9Oct 24, 2024$805,7007,3339,4064.3 mi
75
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,6289,5734.2 mi
75
MD-717228
Landlocked · Off grid
56.4Mar 7, 2025$534,0009,47112,9794.8 mi
74
MD-756677
Dirt · Off grid
37.8Nov 30, 2025$410,40010,84910,5643.7 mi
73
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,85312,3596.4 mi
73
MD-887069
Paved · Off grid
50.3Jan 21, 2026$800,00015,92111,8546.1 mi
71
MD-557276
Dirt · Off grid
58.4Mar 7, 2025$785,30013,45114,6833.4 mi
71
MD-158364
Landlocked · Power at road
128.4Aug 12, 2024$1,126,9008,77712,6925.1 mi
69
Show adjustment detail for the top comp
  • Tract size (91.48 ac → 99.42 ac)-2.0%
  • 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.