Somerset County, MD · Sold

MD-697322

4390 County Road 233

$1,223,200

$20,265/ac · 60.36 ac

Offer report Market this tract

Acreage60.36 ac

Price per acre$20,265/ac

ZoningRecreational

Road accessGravel

UtilitiesFull utilities

TopographySloped

ListedFeb 17, 2024

Coordinates38.1466, -75.8323

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County GIS boundary

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County market

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

View Somerset market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope20.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,099 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area35.56 of 60.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,171,309

$1,000,917 – $1,341,702 · $19,405/ac on 60.36 ac

Asking vs estimate

+4.4%

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 $1,223,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$669,320

$11,089/ac · +30.0% target margin

You need $553,880 off asking to hit this margin.

All-in cost$726,212

Net resale$1,077,605

Projected profit$351,392

ROI+48.4%

Annualized+69.2%

Break-even resale$13,078/ac

Profit if resale lands off target

-20%

$135,872

-10%

$243,632

$351,392

+10%

$459,153

+20%

$566,913

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-907718 Gravel · Power at road	80.4	Feb 25, 2026	$1,054,800	13,118	17,400	6.4 mi	79
MD-898132 Gravel · Power at road	108.5	Jan 25, 2026	$1,334,100	12,292	17,594	3.0 mi	76
MD-417648 Dirt · Full utilities	76.4	Aug 27, 2024	$1,234,200	16,148	21,423	6.2 mi	75
MD-956523 Dirt · Power at road	33.8	Dec 14, 2025	$577,900	17,083	22,293	6.9 mi	75
MD-905817 Paved · Power at road	20.3	Jun 13, 2026	$404,000	19,912	17,191	3.2 mi	70
MD-486684 Dirt · Power at road	38.0	Jul 23, 2025	$674,900	17,751	24,022	6.4 mi	70
MD-306771 Gravel · Power at road	40.5	Nov 24, 2023	$518,700	12,810	16,088	6.3 mi	67
MD-675929 Gravel · Off grid	22.0	May 24, 2025	$359,400	16,337	20,663	4.4 mi	66
MD-305594 Landlocked · Full utilities	17.3	Aug 16, 2025	$213,200	12,352	15,382	6.6 mi	62
MD-556327 Dirt · Off grid	29.4	Sep 6, 2024	$408,900	13,933	21,984	11.6 mi	59

Show adjustment detail for the top comp

Tract size (80.41 ac → 60.36 ac)+6.6%
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.

Build the listing kit Post a deal or JV