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Queen Anne's County, MD · Sold

MD-457591

8683 County Road 289

$985,600
$13,439/ac · 73.34 ac
Acreage73.34 ac
Price per acre$13,439/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMar 13, 2024
Coordinates39.0242, -76.1325
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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

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope20.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

719 ft of deeded road frontage.

Power11,212 ft away

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

Buildable area43.92 of 73.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$892,768
$767,413$1,018,123 · $12,173/ac on 73.34 ac
Asking vs estimate
+10.4%
Priced above 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 $985,600
Maximum allowable offer
$510,153
$6,956/ac · +30.0% target margin

You need $475,447 off asking to hit this margin.

All-in cost$553,516
Net resale$821,347
Projected profit$267,831
ROI+48.4%
Annualized+69.2%
Break-even resale$8,204/ac
Profit if resale lands off target
-20%
$103,561
-10%
$185,696
0%
$267,831
+10%
$349,965
+20%
$432,100
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-758161
Landlocked · Power at road
110.8Mar 29, 2026$904,2008,15811,4403.6 mi
81
MD-167559
Gravel · Off grid
71.7Dec 7, 2024$997,70013,92314,8323.3 mi
80
MD-515933
Gravel · Power at road
22.1Jul 27, 2026$314,30014,2429,7431.2 mi
74
MD-247836
Gravel · Full utilities
87.6Aug 10, 2024$1,318,70015,05711,8587.2 mi
72
MD-685890
Gravel · Power at road
21.4Feb 8, 2026$397,30018,57512,8995.3 mi
67
Show adjustment detail for the top comp
  • Tract size (110.83 ac → 73.34 ac)+10.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.6%

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.