← New search
Queen Anne's County, MD · Sold

MD-964862

485 County Road 294

$130,800
$12,874/ac · 10.16 ac
Acreage10.16 ac
Price per acre$12,874/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedOct 19, 2024
Coordinates38.9925, -76.0283
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

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
50
Moderate risk
Wetlands47.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

575 ft of deeded road frontage.

Power6,648 ft away

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

Buildable area5.11 of 10.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$196,605
$161,854$231,356 · $19,351/ac on 10.16 ac
Asking vs estimate
-33.5%
Priced below 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 $130,800
Maximum allowable offer
$112,346
$11,058/ac · +30.0% target margin

You need $18,454 off asking to hit this margin.

All-in cost$121,895
Net resale$180,876
Projected profit$58,981
ROI+48.4%
Annualized+69.2%
Break-even resale$13,041/ac
Profit if resale lands off target
-20%
$22,806
-10%
$40,893
0%
$58,981
+10%
$77,069
+20%
$95,156
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-364363
Dirt · Power at road
7.1Jul 27, 2026$93,20013,16715,0032.9 mi
81
MD-174054
Landlocked · Full utilities
5.7Apr 2, 2026$114,70020,26623,9541.5 mi
75
MD-734639
Dirt · Power at road
8.6Sep 18, 2025$174,60020,21024,1696.3 mi
75
MD-515933
Gravel · Power at road
22.1Jul 27, 2026$314,30014,24215,5575.1 mi
73
MD-694689
Gravel · Off grid
9.0Jan 10, 2025$129,40014,43918,0058.0 mi
73
MD-233893
Gravel · Full utilities
5.0Mar 1, 2026$131,80026,19721,0121.7 mi
73
MD-685890
Gravel · Power at road
21.4Feb 8, 2026$397,30018,57520,5971.0 mi
73
MD-484147
Gravel · Power at road
6.0Jul 7, 2024$94,80015,66216,5200.7 mi
68
Show adjustment detail for the top comp
  • Tract size (7.08 ac → 10.16 ac)-2.5%
  • Access (Dirt → Paved)+37.2%
  • 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.