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Kent County, MD · Sold

MD-868604

1848 County Road 222

$1,699,800
$11,127/ac · 153 ac
Acreage153 ac
Price per acre$11,127/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJul 10, 2024
Coordinates39.2816, -76.2188
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
17
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,279 ft of deeded road frontage.

Power6,340 ft away

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

Buildable area117.21 of 152.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,271,164
$1,048,182$1,494,147 · $8,321/ac on 153 ac
Asking vs estimate
+33.7%
Priced above 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 $1,699,800
Maximum allowable offer
$726,380
$4,755/ac · +30.0% target margin

You need $973,420 off asking to hit this margin.

All-in cost$788,122
Net resale$1,169,471
Projected profit$381,349
ROI+48.4%
Annualized+69.2%
Break-even resale$5,607/ac
Profit if resale lands off target
-20%
$147,455
-10%
$264,402
0%
$381,349
+10%
$498,296
+20%
$615,243
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-917458
Landlocked · Power at road
66.6Jul 27, 2026$752,80011,3039,9302.4 mi
79
MD-539069
Gravel · Power at road
214.0Apr 25, 2025$2,272,80010,6228,98510.7 mi
72
MD-827522
Gravel · Off grid
69.8Apr 25, 2025$903,60012,9519,6812.7 mi
68
MD-647449
Landlocked · Off grid
66.2Jan 24, 2024$520,2007,8618,9663.2 mi
62
MD-469834
Gravel · Off grid
372.4Jul 10, 2024$2,286,2006,1397,3964.9 mi
62
MD-767054
Landlocked · Power at road
49.7Sep 24, 2024$368,8007,4216,6039.8 mi
60
MD-379654
Gravel · Power at road
326.9Mar 20, 2024$1,912,2005,8505,8336.9 mi
59
Show adjustment detail for the top comp
  • Tract size (66.6 ac → 152.77 ac)-18.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.