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Charles County, MD · Sold

MD-636959

1988 County Road 111

$782,500
$16,864/ac · 46.40 ac
Acreage46.40 ac
Price per acre$16,864/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJun 15, 2026
Coordinates38.4006, -77.0349
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

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

View Charles market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,288 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area43.02 of 46.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$858,579
$730,101$987,057 · $18,504/ac on 46.40 ac
Asking vs estimate
-8.9%
Priced below 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 $782,500
Maximum allowable offer
$490,617
$10,574/ac · +30.0% target margin

You need $291,883 off asking to hit this margin.

All-in cost$532,319
Net resale$789,893
Projected profit$257,573
ROI+48.4%
Annualized+69.2%
Break-even resale$12,470/ac
Profit if resale lands off target
-20%
$99,595
-10%
$178,584
0%
$257,573
+10%
$336,563
+20%
$415,552
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-217185
Dirt · Off grid
54.6Jul 14, 2025$452,9008,28714,9464.0 mi
81
MD-176482
Gravel · Off grid
32.8Feb 23, 2026$390,40011,88916,3503.0 mi
80
MD-396789
Gravel · Off grid
41.0Mar 3, 2025$563,50013,73620,4366.4 mi
75
MD-298147
Landlocked · Off grid
109.7Jul 27, 2026$757,1006,90117,7081.8 mi
75
MD-778193
Gravel · Off grid
113.4Jul 27, 2026$1,331,90011,74220,6616.3 mi
74
MD-956615
Landlocked · Off grid
36.2Aug 2, 2025$291,0008,04716,9266.7 mi
73
MD-618607
Gravel · Power at road
153.1May 24, 2026$2,062,10013,46821,9425.2 mi
70
MD-307421
Paved · Full utilities
64.8Mar 29, 2025$1,509,40023,27922,36811.2 mi
69
MD-648252
Gravel · Off grid
118.4Nov 25, 2025$1,312,30011,08420,2715.6 mi
68
MD-676182
Dirt · Power at road
26.4Mar 4, 2025$272,80010,32114,0983.6 mi
67
Show adjustment detail for the top comp
  • Tract size (54.65 ac → 46.4 ac)+3.3%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (13 mo)+4.6%

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.