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Somerset County, MD · Sold

MD-131925

3148 County Road 378

$13,700
$11,322/ac · 1.21 ac
Acreage1.21 ac
Price per acre$11,322/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJul 20, 2024
Coordinates38.1078, -75.8449
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
40
Moderate risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope14.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power190 ft away

Power at or near the road.

Buildable area0.90 of 1.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,123
$16,039$24,206 · $16,630/ac on 1.21 ac
Asking vs estimate
-31.9%
Priced below 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 $13,700
Maximum allowable offer
$11,499
$9,503/ac · +30.0% target margin

You need $2,201 off asking to hit this margin.

All-in cost$12,476
Net resale$18,513
Projected profit$6,036
ROI+48.4%
Annualized+69.2%
Break-even resale$11,208/ac
Profit if resale lands off target
-20%
$2,334
-10%
$4,185
0%
$6,036
+10%
$7,888
+20%
$9,739
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-421972
Gravel · Full utilities
1.3Jun 5, 2026$36,00028,82716,2063.3 mi
85
MD-121516
Dirt · Power at road
0.9Jul 27, 2026$21,30023,61318,6533.1 mi
84
MD-411690
Paved · Power at road
1.0Oct 6, 2025$17,10016,7529,9825.3 mi
82
MD-112083
Dirt · Power at road
1.4Jan 26, 2025$28,90021,28017,9504.7 mi
76
MD-463042
Gravel · Power at road
2.7Jul 27, 2026$71,20026,18218,1154.9 mi
75
MD-750671
Dirt · Off grid
0.5Jul 27, 2026$7,90016,12614,9222.6 mi
74
MD-383627
Landlocked · Off grid
4.2Dec 10, 2025$55,70013,41916,7125.0 mi
66
MD-110540
Dirt · Full utilities
0.4Sep 8, 2025$9,20020,81113,9065.9 mi
63
MD-880357
Gravel · Off grid
0.4Aug 26, 2025$8,30021,21017,5107.6 mi
61
MD-583481
Paved · Full utilities
3.7Dec 9, 2024$172,50046,25723,9833.4 mi
60
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (2 mo)+0.8%

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.