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Cecil County, MD · Sold

MD-369905

1553 County Road 199

$2,952,200
$7,530/ac · 392 ac
Acreage392 ac
Price per acre$7,530/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedJul 18, 2024
Coordinates39.5958, -75.9517
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

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

View Cecil market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope26.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,641 ft of deeded road frontage.

Power8,944 ft away

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

Buildable area234.77 of 392.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,638,605
$2,863,635$4,413,574 · $9,280/ac on 392 ac
Asking vs estimate
-18.9%
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 $2,952,200
Maximum allowable offer
$2,079,203
$5,303/ac · +30.0% target margin

You need $872,997 off asking to hit this margin.

All-in cost$2,255,935
Net resale$3,347,516
Projected profit$1,091,581
ROI+48.4%
Annualized+69.2%
Break-even resale$6,254/ac
Profit if resale lands off target
-20%
$422,078
-10%
$756,829
0%
$1,091,581
+10%
$1,426,333
+20%
$1,761,084
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-289353
Landlocked · Off grid
262.8Jul 27, 2026$1,546,7005,8859,1056.1 mi
80
MD-879883
Paved · Full utilities
385.9Oct 5, 2024$3,612,2009,3616,9993.7 mi
78
MD-779116
Dirt · Full utilities
221.4Jul 27, 2026$2,838,10012,82010,4063.4 mi
77
MD-779065
Dirt · Power at road
213.3Jul 27, 2026$2,680,10012,56212,3112.9 mi
77
MD-769462
Gravel · Full utilities
284.4May 9, 2025$3,788,10013,31810,4962.9 mi
72
MD-248624
Landlocked · Full utilities
155.0Jun 11, 2026$1,004,8006,4836,0655.8 mi
70
MD-428199
Dirt · Off grid
113.9Jun 7, 2026$1,091,6009,5819,3926.7 mi
69
Show adjustment detail for the top comp
  • Tract size (262.84 ac → 392.07 ac)-11.0%
  • Access (Landlocked → Paved)+73.5%

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.