Carroll County, MD · Sold

MD-775753

1856 County Road 232

$438,000

$22,612/ac · 19.37 ac

Offer report Market this tract

Acreage19.37 ac

Price per acre$22,612/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographyMixed

ListedDec 27, 2023

Coordinates39.5246, -76.9513

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County GIS boundary

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County market

Carroll County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Carroll market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,075 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area15.97 of 19.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$389,012

$334,950 – $443,073 · $20,083/ac on 19.37 ac

Asking vs estimate

+12.6%

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 $438,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$222,292

$11,476/ac · +30.0% target margin

You need $215,708 off asking to hit this margin.

All-in cost$241,187

Net resale$357,891

Projected profit$116,704

ROI+48.4%

Annualized+69.3%

Break-even resale$13,534/ac

Profit if resale lands off target

-20%

$45,126

-10%

$80,915

$116,704

+10%

$152,493

+20%

$188,282

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-785313 Dirt · Full utilities	14.1	Jul 27, 2026	$359,400	25,528	23,516	2.2 mi	82
MD-795431 Dirt · Off grid	15.3	May 3, 2026	$235,900	15,375	20,713	3.0 mi	81
MD-496125 Dirt · Off grid	25.4	Apr 12, 2026	$346,800	13,675	19,685	7.5 mi	81
MD-855453 Dirt · Off grid	15.6	Jul 27, 2026	$235,200	15,096	20,174	8.0 mi	80
MD-176290 Gravel · Power at road	28.6	Apr 2, 2026	$398,600	13,947	14,961	8.3 mi	78
MD-205242 Landlocked · Full utilities	13.4	Jun 18, 2026	$240,500	17,977	20,931	4.9 mi	78
MD-926362 Paved · Power at road	30.1	Jan 7, 2026	$642,300	21,330	19,740	4.9 mi	75
MD-335295 Landlocked · Power at road	13.9	Apr 10, 2025	$143,900	10,352	15,493	10.7 mi	74
MD-276938 Paved · Power at road	45.7	Jul 27, 2026	$1,133,200	24,796	24,147	6.9 mi	73
MD-235541 Dirt · Off grid	16.6	Mar 28, 2025	$250,400	15,077	21,427	8.1 mi	71

Show adjustment detail for the top comp

Tract size (14.08 ac → 19.37 ac)-3.6%
Access (Dirt → Gravel)+16.3%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV