Howard County, MD · Sold

MD-476928

2437 County Road 396

$1,034,300

$22,797/ac · 45.37 ac

Offer report Market this tract

Acreage45.37 ac

Price per acre$22,797/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographyRolling

ListedJun 12, 2024

Coordinates39.3179, -76.9956

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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

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

View Howard market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,387 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area38.75 of 45.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,199,238

$1,056,664 – $1,341,812 · $26,432/ac on 45.37 ac

Asking vs estimate

-13.8%

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 $1,034,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$685,279

$15,104/ac · +30.0% target margin

You need $349,021 off asking to hit this margin.

All-in cost$743,528

Net resale$1,103,299

Projected profit$359,771

ROI+48.4%

Annualized+69.2%

Break-even resale$17,813/ac

Profit if resale lands off target

-20%

$139,112

-10%

$249,441

$359,771

+10%

$470,101

+20%

$580,431

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-547149 Paved · Off grid	53.3	Jul 27, 2026	$1,576,900	29,613	32,049	3.9 mi	84
MD-816568 Paved · Off grid	35.0	Jul 27, 2026	$711,700	20,364	20,356	8.1 mi	79
MD-236084 Dirt · Power at road	24.6	Jul 27, 2026	$537,600	21,837	24,086	8.3 mi	76
MD-157639 Gravel · Off grid	75.9	Jul 27, 2026	$1,283,500	16,901	23,315	8.3 mi	75
MD-887756 Paved · Power at road	82.7	Jul 27, 2026	$2,236,700	27,062	27,425	7.7 mi	74
MD-345639 Landlocked · Off grid	17.8	Jul 27, 2026	$298,100	16,718	26,295	2.3 mi	74
MD-595315 Dirt · Full utilities	14.1	Jul 27, 2026	$452,500	32,091	27,093	7.3 mi	73
MD-866409 Landlocked · Off grid	31.1	Oct 5, 2025	$504,100	16,182	28,467	8.1 mi	71
MD-436879 Gravel · Off grid	43.8	Aug 9, 2024	$923,300	21,086	28,043	10.4 mi	70
MD-106275 Gravel · Power at road	28.3	Feb 28, 2025	$751,400	26,578	27,258	4.4 mi	68

Show adjustment detail for the top comp

Tract size (53.25 ac → 45.37 ac)+3.2%
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.

Build the listing kit Post a deal or JV