Kent County, MD · Sold

MD-827522

5308 County Road 199

$910,900

$13,056/ac · 69.77 ac

Offer report Market this tract

Acreage69.77 ac

Price per acre$13,056/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedApr 22, 2024

Coordinates39.3144, -76.1927

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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

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

View Kent market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,304 ft of deeded road frontage.

Power2,140 ft away

Service extension needed; get a utility quote.

Buildable area61.51 of 69.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$919,376

$767,848 – $1,070,904 · $13,177/ac on 69.77 ac

Asking vs estimate

-0.9%

In line with 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 $910,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$525,358

$7,530/ac · +30.0% target margin

You need $385,542 off asking to hit this margin.

All-in cost$570,013

Net resale$845,826

Projected profit$275,813

ROI+48.4%

Annualized+69.2%

Break-even resale$8,880/ac

Profit if resale lands off target

-20%

$106,648

-10%

$191,230

$275,813

+10%

$360,395

+20%

$444,978

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-917458 Landlocked · Power at road	66.6	Jul 27, 2026	$752,800	11,303	14,014	1.8 mi	87
MD-647449 Landlocked · Off grid	66.2	Jan 24, 2024	$520,200	7,861	12,654	0.9 mi	76
MD-885970 Gravel · Off grid	22.7	May 10, 2026	$453,100	19,988	16,475	4.4 mi	73
MD-425882 Gravel · Full utilities	21.3	Nov 6, 2025	$516,700	24,294	14,123	4.0 mi	71
MD-856198 Paved · Full utilities	26.7	May 25, 2026	$563,000	21,055	10,476	8.4 mi	68
MD-767054 Landlocked · Power at road	49.7	Sep 24, 2024	$368,800	7,421	9,319	8.6 mi	66
MD-868604 Dirt · Off grid	152.8	Aug 15, 2024	$1,509,400	9,880	15,117	2.7 mi	65
MD-539069 Gravel · Power at road	214.0	Apr 25, 2025	$2,272,800	10,622	12,680	10.6 mi	60

Show adjustment detail for the top comp

Tract size (66.6 ac → 69.77 ac)-1.0%
Access (Landlocked → Gravel)+47.1%
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.

Build the listing kit Post a deal or JV