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Montgomery County, MD · Sold

MD-949250

1762 County Road 48

$1,294,700
$5,307/ac · 244 ac
Acreage244 ac
Price per acre$5,307/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMar 21, 2024
Coordinates39.2129, -77.2584
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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

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

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,762 ft away

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

Buildable area195.13 of 243.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,264,433
$2,077,376$2,451,491 · $9,283/ac on 244 ac
Asking vs estimate
-42.8%
Priced below the comp set

Weighted from 5 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 $1,294,700
Maximum allowable offer
$1,293,962
$5,304/ac · +30.0% target margin

You need $738 off asking to hit this margin.

All-in cost$1,403,949
Net resale$2,083,279
Projected profit$679,330
ROI+48.4%
Annualized+69.2%
Break-even resale$6,256/ac
Profit if resale lands off target
-20%
$262,674
-10%
$471,002
0%
$679,330
+10%
$887,658
+20%
$1,095,986
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-399167
Gravel · Off grid
229.7Oct 21, 2025$1,875,1008,1639,7959.9 mi
78
MD-829966
Paved · Power at road
409.8Jul 27, 2026$3,828,0009,3429,26011.5 mi
76
MD-239474
Gravel · Off grid
286.9Jul 9, 2024$1,920,4006,6939,0062.0 mi
75
MD-918003
Landlocked · Off grid
98.8Sep 12, 2025$720,3007,28710,32010.4 mi
64
MD-118194
Landlocked · Power at road
113.5Apr 7, 2025$709,7006,2527,9269.3 mi
62
Show adjustment detail for the top comp
  • Tract size (229.71 ac → 243.94 ac)-1.7%
  • Access (Gravel → Paved)+18.0%
  • Market time (10 mo)+3.4%

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.