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Garrett County, MD · Sold

MD-527492

8232 County Road 294

$494,500
$7,243/ac · 68.27 ac
Acreage68.27 ac
Price per acre$7,243/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedAug 28, 2023
Coordinates39.5030, -79.3098
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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

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

View Garrett market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area62.00 of 68.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$624,159
$521,019$727,299 · $9,143/ac on 68.27 ac
Asking vs estimate
-20.8%
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 $494,500
Maximum allowable offer
$356,662
$5,224/ac · +30.0% target margin

You need $137,838 off asking to hit this margin.

All-in cost$386,978
Net resale$574,226
Projected profit$187,248
ROI+48.4%
Annualized+69.2%
Break-even resale$6,161/ac
Profit if resale lands off target
-20%
$72,403
-10%
$129,825
0%
$187,248
+10%
$244,670
+20%
$302,093
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-868278
Paved · Off grid
120.6Jul 27, 2026$753,5006,2467,5074.6 mi
82
MD-217875
Landlocked · Off grid
90.1May 17, 2026$349,1003,8767,5796.9 mi
78
MD-507064
Gravel · Full utilities
50.1Oct 10, 2025$632,90012,64110,5447.6 mi
75
MD-456144
Dirt · Off grid
25.7Jul 27, 2026$180,6007,0248,4267.7 mi
73
MD-598103
Dirt · Off grid
106.3Feb 27, 2025$746,0007,02011,8752.7 mi
72
MD-479124
Gravel · Full utilities
222.7Apr 30, 2026$1,842,0008,2739,7444.6 mi
69
MD-478189
Gravel · Off grid
113.1Dec 30, 2024$653,9005,7818,5983.4 mi
68
Show adjustment detail for the top comp
  • Tract size (120.64 ac → 68.27 ac)+14.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.