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Somerset County, MD · Sold

MD-417648

7240 County Road 270

$1,272,400
$16,648/ac · 76.43 ac
Acreage76.43 ac
Price per acre$16,648/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedAug 31, 2023
Coordinates38.0590, -75.8112
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

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

View Somerset market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,532 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area63.75 of 76.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,256,367
$1,062,014$1,450,721 · $16,438/ac on 76.43 ac
Asking vs estimate
+1.3%
In line with the comp set

Weighted from 10 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 $1,272,400
Maximum allowable offer
$717,924
$9,393/ac · +30.0% target margin

You need $554,476 off asking to hit this margin.

All-in cost$778,948
Net resale$1,155,858
Projected profit$376,911
ROI+48.4%
Annualized+69.2%
Break-even resale$11,078/ac
Profit if resale lands off target
-20%
$145,739
-10%
$261,325
0%
$376,911
+10%
$492,496
+20%
$608,082
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-907718
Gravel · Power at road
80.4Feb 25, 2026$1,054,80013,11814,2007.6 mi
80
MD-956523
Dirt · Power at road
33.8Dec 14, 2025$577,90017,08318,1931.8 mi
77
MD-697322
Gravel · Full utilities
60.4Sep 21, 2024$1,244,00020,61018,1626.2 mi
76
MD-898132
Gravel · Power at road
108.5Jan 25, 2026$1,334,10012,29214,3594.5 mi
75
MD-959123
Dirt · Power at road
222.5Jul 27, 2026$1,735,0007,79812,5715.9 mi
72
MD-486684
Dirt · Power at road
38.0Jul 23, 2025$674,90017,75119,6052.6 mi
71
MD-929368
Dirt · Power at road
265.7Mar 1, 2025$2,924,60011,00719,7630.9 mi
65
MD-306771
Gravel · Power at road
40.5Nov 24, 2023$518,70012,81013,1302.7 mi
63
MD-675929
Gravel · Off grid
22.0May 24, 2025$359,40016,33716,8631.8 mi
62
MD-556327
Dirt · Off grid
29.4Sep 6, 2024$408,90013,93317,9417.8 mi
61
Show adjustment detail for the top comp
  • Tract size (80.41 ac → 76.43 ac)+1.2%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (6 mo)+2.0%

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.