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Frederick County, MD · Sold

MD-826736

8918 County Road 398

$378,800
$9,595/ac · 39.48 ac
Acreage39.48 ac
Price per acre$9,595/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedMay 14, 2026
Coordinates39.4162, -77.3198
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

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

View Frederick market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope20.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

620 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area23.47 of 39.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$471,136
$390,047$552,226 · $11,934/ac on 39.48 ac
Asking vs estimate
-19.6%
Priced below the comp set

Weighted from 8 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 $378,800
Maximum allowable offer
$269,221
$6,819/ac · +30.0% target margin

You need $109,579 off asking to hit this margin.

All-in cost$292,105
Net resale$433,446
Projected profit$141,341
ROI+48.4%
Annualized+69.2%
Break-even resale$8,042/ac
Profit if resale lands off target
-20%
$54,652
-10%
$97,996
0%
$141,341
+10%
$184,685
+20%
$228,030
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-776650
Gravel · Power at road
37.1Apr 5, 2025$454,90012,26413,4523.7 mi
81
MD-976949
Gravel · Power at road
46.1Jan 25, 2026$473,40010,27911,3592.3 mi
80
MD-437550
Gravel · Power at road
71.2Jul 27, 2026$799,50011,23013,3181.8 mi
78
MD-257388
Dirt · Off grid
63.3Jul 12, 2025$551,1008,70514,3614.6 mi
73
MD-156322
Gravel · Off grid
29.3Mar 13, 2025$238,2008,14410,1254.9 mi
71
MD-685657
Gravel · Off grid
18.1Aug 16, 2025$204,80011,33412,9561.0 mi
69
MD-558322
Paved · Full utilities
124.5Jul 27, 2026$1,565,30012,56811,85610.1 mi
68
MD-516030
Gravel · Power at road
23.7Feb 24, 2025$169,1007,1437,3269.0 mi
65
Show adjustment detail for the top comp
  • Tract size (37.09 ac → 39.48 ac)-1.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (16 mo)+5.7%

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.