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Caroline County, MD · Sold

MD-352813

5465 County Road 205

$29,300
$12,739/ac · 2.30 ac
Acreage2.30 ac
Price per acre$12,739/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 3, 2023
Coordinates38.8465, -75.9060
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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands20.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

201 ft of deeded road frontage.

Power186 ft away

Power at or near the road.

Buildable area1.73 of 2.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,260
$32,680$55,840 · $19,244/ac on 2.30 ac
Asking vs estimate
-33.8%
Priced below the comp set

Weighted from 5 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 $29,300
Maximum allowable offer
$25,292
$10,996/ac · +30.0% target margin

You need $4,008 off asking to hit this margin.

All-in cost$27,442
Net resale$40,719
Projected profit$13,278
ROI+48.4%
Annualized+69.2%
Break-even resale$12,969/ac
Profit if resale lands off target
-20%
$5,134
-10%
$9,206
0%
$13,278
+10%
$17,349
+20%
$21,421
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-952690
Dirt · Power at road
2.1May 12, 2026$56,10026,57526,8152.4 mi
89
MD-843392
Dirt · Off grid
3.5Jul 27, 2026$64,20018,35621,8974.7 mi
81
MD-441374
Dirt · Off grid
0.8Jul 27, 2026$10,40012,83214,9036.3 mi
77
MD-163563
Landlocked · Off grid
4.0Aug 16, 2025$38,6009,73615,3379.0 mi
67
MD-651725
Gravel · Off grid
1.1Dec 19, 2024$14,30013,59314,5254.2 mi
63
Show adjustment detail for the top comp
  • Market time (3 mo)+1.1%

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.