← New search
Caroline County, MD · Sold

MD-569118

942 County Road 48

$1,513,200
$6,825/ac · 222 ac
Acreage222 ac
Price per acre$6,825/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedMay 3, 2026
Coordinates38.9185, -75.9214
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
35
Moderate risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope12.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power145 ft away

Power at or near the road.

Buildable area171.33 of 221.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,628,838
$1,304,411$1,953,265 · $7,347/ac on 222 ac
Asking vs estimate
-7.1%
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 $1,513,200
Maximum allowable offer
$930,764
$4,198/ac · +30.0% target margin

You need $582,436 off asking to hit this margin.

All-in cost$1,009,879
Net resale$1,498,531
Projected profit$488,652
ROI+48.4%
Annualized+69.2%
Break-even resale$4,951/ac
Profit if resale lands off target
-20%
$188,946
-10%
$338,799
0%
$488,652
+10%
$638,505
+20%
$788,358
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-879770
Dirt · Off grid
355.5Jul 27, 2026$1,782,1005,0125,3565.2 mi
77
MD-158364
Landlocked · Power at road
128.4Aug 12, 2024$1,126,9008,7778,2072.6 mi
71
MD-428011
Gravel · Off grid
99.4Sep 13, 2025$1,183,00011,8997,9927.5 mi
69
MD-537896
Gravel · Off grid
91.5Sep 4, 2025$1,367,10014,9449,84610.8 mi
62
MD-308149
Dirt · Off grid
109.9Oct 24, 2024$805,7007,3336,08211.7 mi
59
MD-637860
Gravel · Power at road
89.1Jul 11, 2024$947,20010,6286,1909.2 mi
59
MD-437453
Gravel · Off grid
66.4Apr 9, 2025$852,90012,8537,9929.1 mi
57
Show adjustment detail for the top comp
  • Tract size (355.54 ac → 221.7 ac)+14.6%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.