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Carroll County, MD · Sold

MD-539160

3644 County Road 124

$1,799,100
$7,872/ac · 229 ac
Acreage229 ac
Price per acre$7,872/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 25, 2024
Coordinates39.6129, -76.9949
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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

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

View Carroll market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,612 ft of deeded road frontage.

Power5,668 ft away

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

Buildable area201.49 of 228.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,958,712
$1,555,688$2,361,737 · $8,570/ac on 229 ac
Asking vs estimate
-8.1%
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 $1,799,100
Maximum allowable offer
$1,119,264
$4,897/ac · +30.0% target margin

You need $679,836 off asking to hit this margin.

All-in cost$1,214,401
Net resale$1,802,015
Projected profit$587,614
ROI+48.4%
Annualized+69.2%
Break-even resale$5,776/ac
Profit if resale lands off target
-20%
$227,211
-10%
$407,412
0%
$587,614
+10%
$767,815
+20%
$948,017
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-748905
Gravel · Full utilities
190.0Aug 13, 2024$2,496,30013,1399,4264.1 mi
78
MD-168872
Gravel · Full utilities
185.5Aug 1, 2025$2,013,30010,8537,4453.5 mi
78
MD-599037
Paved · Power at road
209.1Mar 25, 2025$2,050,1009,8067,2923.6 mi
76
MD-447917
Landlocked · Off grid
92.9Jun 24, 2025$544,8005,8657,1255.2 mi
66
MD-568390
Gravel · Full utilities
130.8Apr 23, 2024$2,370,70018,12011,9009.0 mi
64
Show adjustment detail for the top comp
  • Tract size (190 ac → 228.55 ac)-5.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (24 mo)+8.4%

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.