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Cecil County, MD · Sold

MD-632922

8488 County Road 189

$72,000
$28,916/ac · 2.49 ac
Acreage2.49 ac
Price per acre$28,916/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedDec 21, 2023
Coordinates39.5845, -75.9790
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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

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

View Cecil market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

159 ft of deeded road frontage.

Power9,714 ft away

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

Buildable area2.25 of 2.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,626
$42,475$56,776 · $19,930/ac on 2.49 ac
Asking vs estimate
+45.1%
Priced above the comp set

Weighted from 6 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 $72,000
Maximum allowable offer
$28,357
$11,389/ac · +30.0% target margin

You need $43,643 off asking to hit this margin.

All-in cost$30,767
Net resale$45,656
Projected profit$14,888
ROI+48.4%
Annualized+69.3%
Break-even resale$13,431/ac
Profit if resale lands off target
-20%
$5,757
-10%
$10,323
0%
$14,888
+10%
$19,454
+20%
$24,019
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-281742
Gravel · Off grid
1.1Jul 27, 2026$20,80019,60122,8494.4 mi
79
MD-251952
Gravel · Power at road
1.2Dec 1, 2025$27,40022,28122,7215.0 mi
74
MD-271364
Paved · Off grid
0.8Jul 27, 2026$14,40017,75817,4987.9 mi
73
MD-264500
Gravel · Off grid
7.8Apr 26, 2026$137,20017,56222,0331.5 mi
72
MD-371624
Gravel · Off grid
1.0Feb 1, 2026$12,50012,93015,3635.0 mi
69
MD-491803
Gravel · Full utilities
1.1May 21, 2025$24,10021,69618,5051.6 mi
67
Show adjustment detail for the top comp
  • Tract size (1.06 ac → 2.49 ac)-1.4%
  • Access (Gravel → Paved)+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.