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Charles County, MD · Sold

MD-349767

5817 County Road 31

$3,178,600
$8,960/ac · 355 ac
Acreage355 ac
Price per acre$8,960/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedAug 13, 2024
Coordinates38.5538, -77.0273
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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,020 ft away

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

Buildable area320.52 of 354.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,382,768
$1,987,255$2,778,280 · $6,716/ac on 355 ac
Asking vs estimate
+33.4%
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 $3,178,600
Maximum allowable offer
$1,361,582
$3,838/ac · +30.0% target margin

You need $1,817,018 off asking to hit this margin.

All-in cost$1,477,316
Net resale$2,192,146
Projected profit$714,830
ROI+48.4%
Annualized+69.2%
Break-even resale$4,526/ac
Profit if resale lands off target
-20%
$276,401
-10%
$495,615
0%
$714,830
+10%
$934,044
+20%
$1,153,259
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-539536
Dirt · Full utilities
300.1Jul 27, 2026$3,245,50010,8157,1908.5 mi
83
MD-538914
Dirt · Off grid
191.2Jul 27, 2026$1,027,8005,3754,5129.0 mi
78
MD-778193
Gravel · Off grid
113.4Jul 27, 2026$1,331,90011,7427,3808.0 mi
70
MD-648252
Gravel · Off grid
118.4Nov 25, 2025$1,312,30011,0847,2417.3 mi
69
MD-298147
Landlocked · Off grid
109.7Jul 27, 2026$757,1006,9016,32511.3 mi
68
MD-618607
Gravel · Power at road
153.1May 24, 2026$2,062,10013,4687,83710.3 mi
68
Show adjustment detail for the top comp
  • Tract size (300.1 ac → 354.77 ac)-4.8%
  • Utilities (Full utilities → Off grid)-30.3%

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.