Howard County, MD · Sold

MD-495938

2942 County Road 245

$368,900

$16,655/ac · 22.15 ac

Offer report Market this tract

Acreage22.15 ac

Price per acre$16,655/ac

ZoningMixed Use

Road accessLandlocked

UtilitiesPower at road

TopographyMixed

ListedNov 9, 2023

Coordinates39.1961, -76.9691

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County GIS boundary

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County market

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

View Howard market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power90 ft away

Power at or near the road.

Buildable area17.02 of 22.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$418,707

$365,973 – $471,442 · $18,903/ac on 22.15 ac

Asking vs estimate

-11.9%

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 $368,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$239,261

$10,802/ac · +30.0% target margin

You need $129,639 off asking to hit this margin.

All-in cost$259,598

Net resale$385,211

Projected profit$125,612

ROI+48.4%

Annualized+69.3%

Break-even resale$12,739/ac

Profit if resale lands off target

-20%

$48,570

-10%

$87,091

$125,612

+10%

$164,133

+20%

$202,655

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-236084 Dirt · Power at road	24.6	Jul 27, 2026	$537,600	21,837	17,563	0.9 mi	89
MD-345639 Landlocked · Off grid	17.8	Jul 27, 2026	$298,100	16,718	19,173	9.0 mi	87
MD-866409 Landlocked · Off grid	31.1	Oct 5, 2025	$504,100	16,182	20,758	1.7 mi	83
MD-595315 Dirt · Full utilities	14.1	Jul 27, 2026	$452,500	32,091	19,755	7.8 mi	77
MD-816568 Paved · Off grid	35.0	Jul 27, 2026	$711,700	20,364	14,843	7.8 mi	76
MD-547149 Paved · Off grid	53.3	Jul 27, 2026	$1,576,900	29,613	23,369	8.9 mi	74
MD-106275 Gravel · Power at road	28.3	Feb 28, 2025	$751,400	26,578	19,876	8.5 mi	71
MD-157639 Gravel · Off grid	75.9	Jul 27, 2026	$1,283,500	16,901	17,001	8.8 mi	66
MD-795136 Gravel · Off grid	12.4	Mar 15, 2024	$239,800	19,356	15,964	2.6 mi	64
MD-436879 Gravel · Off grid	43.8	Aug 9, 2024	$923,300	21,086	20,448	3.4 mi	64

Show adjustment detail for the top comp

Tract size (24.62 ac → 22.15 ac)+1.5%
Access (Dirt → Landlocked)-20.9%

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