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

MD-758161

2423 County Road 226

$931,200
$8,402/ac · 111 ac
Acreage111 ac
Price per acre$8,402/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedOct 18, 2025
Coordinates38.9843, -76.0902
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

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area100.34 of 110.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$979,344
$807,105$1,151,584 · $8,836/ac on 111 ac
Asking vs estimate
-4.9%
In line with 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 $931,200
Maximum allowable offer
$559,625
$5,049/ac · +30.0% target margin

You need $371,575 off asking to hit this margin.

All-in cost$607,193
Net resale$900,997
Projected profit$293,803
ROI+48.4%
Annualized+69.2%
Break-even resale$5,955/ac
Profit if resale lands off target
-20%
$113,604
-10%
$203,704
0%
$293,803
+10%
$383,903
+20%
$474,003
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-457591
Gravel · Off grid
73.3Apr 25, 2024$888,00012,1089,6243.6 mi
71
MD-247836
Gravel · Full utilities
87.6Aug 10, 2024$1,318,70015,0578,5925.0 mi
69
MD-167559
Gravel · Off grid
71.7Dec 7, 2024$997,70013,92310,7476.1 mi
67
MD-609585
Dirt · Power at road
310.9Dec 30, 2024$2,466,3007,9328,8912.3 mi
64
MD-949656
Paved · Off grid
327.4Aug 22, 2024$1,943,5005,9375,8746.4 mi
57
Show adjustment detail for the top comp
  • Tract size (73.34 ac → 110.83 ac)-9.4%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (28 mo)+9.7%

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.