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Kent County, MD · Sold

MD-275633

5240 County Road 267

$422,800
$23,806/ac · 17.76 ac
Acreage17.76 ac
Price per acre$23,806/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedNov 2, 2024
Coordinates39.2708, -76.1383
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

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

View Kent market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,968 ft away

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

Buildable area16.23 of 17.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$284,896
$205,125$364,667 · $16,041/ac on 17.76 ac
Asking vs estimate
+48.4%
Priced above 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 $422,800
Maximum allowable offer
$162,798
$9,167/ac · +30.0% target margin

You need $260,002 off asking to hit this margin.

All-in cost$176,636
Net resale$262,105
Projected profit$85,469
ROI+48.4%
Annualized+69.2%
Break-even resale$10,811/ac
Profit if resale lands off target
-20%
$33,048
-10%
$59,258
0%
$85,469
+10%
$111,679
+20%
$137,890
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-885970
Gravel · Off grid
22.7May 10, 2026$453,10019,98820,8553.9 mi
85
MD-525106
Gravel · Off grid
12.1Nov 8, 2025$196,20016,19016,0540.8 mi
81
MD-425882
Gravel · Full utilities
21.3Nov 6, 2025$516,70024,29417,8783.5 mi
80
MD-856198
Paved · Full utilities
26.7May 25, 2026$563,00021,05513,2615.1 mi
77
MD-965525
Dirt · Power at road
16.4Jul 14, 2025$165,80010,09810,3424.8 mi
77
MD-254059
Dirt · Full utilities
5.7Jun 3, 2026$85,40015,03511,1897.6 mi
66
MD-973961
Landlocked · Off grid
5.3Jun 2, 2024$98,40018,60227,1302.1 mi
60
MD-767054
Landlocked · Power at road
49.7Sep 24, 2024$368,8007,42111,7965.6 mi
59
Show adjustment detail for the top comp
  • Tract size (22.67 ac → 17.76 ac)+3.2%
  • Market time (3 mo)+1.1%

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.