Somerset County, MD · Sold

MD-956523

6365 County Road 377

$631,600

$18,670/ac · 33.83 ac

Offer report Market this tract

Acreage33.83 ac

Price per acre$18,670/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedOct 23, 2024

Coordinates38.0462, -75.8395

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope30.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,409 ft of deeded road frontage.

Power164 ft away

Power at or near the road.

Buildable area19.61 of 33.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$516,428

$438,121 – $594,736 · $15,265/ac on 33.83 ac

Asking vs estimate

+22.3%

Priced above 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 $631,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$295,102

$8,723/ac · +30.0% target margin

You need $336,498 off asking to hit this margin.

All-in cost$320,186

Net resale$475,114

Projected profit$154,928

ROI+48.4%

Annualized+69.2%

Break-even resale$10,288/ac

Profit if resale lands off target

-20%

$59,906

-10%

$107,417

$154,928

+10%

$202,440

+20%

$249,951

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MD-486684 Dirt · Power at road	38.0	Jul 23, 2025	$674,900	17,751	18,926	4.4 mi	81
MD-905817 Paved · Power at road	20.3	Jun 13, 2026	$404,000	19,912	13,544	8.2 mi	76
MD-525077 Paved · Full utilities	11.9	Mar 17, 2026	$294,300	24,795	13,168	2.1 mi	74
MD-556327 Dirt · Off grid	29.4	Sep 6, 2024	$408,900	13,933	17,320	6.0 mi	73
MD-306771 Gravel · Power at road	40.5	Nov 24, 2023	$518,700	12,810	12,675	4.4 mi	72
MD-675929 Gravel · Off grid	22.0	May 24, 2025	$359,400	16,337	16,279	3.2 mi	71
MD-417648 Dirt · Full utilities	76.4	Aug 27, 2024	$1,234,200	16,148	16,878	1.8 mi	71
MD-907718 Gravel · Power at road	80.4	Feb 25, 2026	$1,054,800	13,118	13,708	6.7 mi	69
MD-697322 Gravel · Full utilities	60.4	Sep 21, 2024	$1,244,000	20,610	17,533	6.9 mi	68
MD-305594 Landlocked · Full utilities	17.3	Aug 16, 2025	$213,200	12,352	12,118	5.0 mi	67

Show adjustment detail for the top comp

Tract size (38.02 ac → 33.83 ac)+2.1%
Market time (13 mo)+4.5%

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