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Queen Anne's County, MD · Sold

MD-694689

2340 County Road 319

$142,800
$15,938/ac · 8.96 ac
Acreage8.96 ac
Price per acre$15,938/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJan 29, 2024
Coordinates38.9905, -76.1779
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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

Queen Anne's County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Queen Anne's market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

722 ft of deeded road frontage.

Power5,192 ft away

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

Buildable area7.04 of 8.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$144,649
$115,563$173,734 · $16,144/ac on 8.96 ac
Asking vs estimate
-1.3%
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 $142,800
Maximum allowable offer
$82,656
$9,225/ac · +30.0% target margin

You need $60,144 off asking to hit this margin.

All-in cost$89,682
Net resale$133,077
Projected profit$43,395
ROI+48.4%
Annualized+69.3%
Break-even resale$10,879/ac
Profit if resale lands off target
-20%
$16,780
-10%
$30,087
0%
$43,395
+10%
$56,703
+20%
$70,010
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-515933
Gravel · Power at road
22.1Jul 27, 2026$314,30014,24213,3134.4 mi
80
MD-364363
Dirt · Power at road
7.1Jul 27, 2026$93,20013,16712,8389.3 mi
79
MD-174054
Landlocked · Full utilities
5.7Apr 2, 2026$114,70020,26620,4996.7 mi
78
MD-734639
Dirt · Power at road
8.6Sep 18, 2025$174,60020,21020,6839.4 mi
76
MD-964862
Paved · Off grid
10.2Jun 29, 2025$139,40013,72412,3018.0 mi
75
MD-233893
Gravel · Full utilities
5.0Mar 1, 2026$131,80026,19717,9819.6 mi
72
MD-484147
Gravel · Power at road
6.0Jul 7, 2024$94,80015,66214,1377.7 mi
72
MD-685890
Gravel · Power at road
21.4Feb 8, 2026$397,30018,57517,6257.6 mi
70
Show adjustment detail for the top comp
  • Tract size (22.07 ac → 8.96 ac)+9.7%
  • 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.