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St. Mary's County, MD · Sold

MD-609934

2031 County Road 48

$3,575,300
$8,930/ac · 400 ac
Acreage400 ac
Price per acre$8,930/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 17, 2025
Coordinates38.1644, -76.5996
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

St. Mary's County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View St. Mary's market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.5% of tract

Little to no mapped wetland coverage.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,386 ft of deeded road frontage.

Power238 ft away

Power at or near the road.

Buildable area336.63 of 400.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,919,760
$2,336,944$3,502,576 · $7,292/ac on 400 ac
Asking vs estimate
+22.5%
Priced above 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 $3,575,300
Maximum allowable offer
$1,668,434
$4,167/ac · +30.0% target margin

You need $1,906,866 off asking to hit this margin.

All-in cost$1,810,251
Net resale$2,686,179
Projected profit$875,928
ROI+48.4%
Annualized+69.2%
Break-even resale$4,914/ac
Profit if resale lands off target
-20%
$338,692
-10%
$607,310
0%
$875,928
+10%
$1,144,546
+20%
$1,413,164
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-509984
Gravel · Full utilities
415.2Jul 27, 2026$3,500,9008,4336,0228.3 mi
83
MD-238967
Dirt · Full utilities
198.7Jul 27, 2026$2,707,80013,6259,1433.6 mi
79
MD-538927
Gravel · Off grid
193.1Jul 27, 2026$1,599,8008,2876,8097.5 mi
72
MD-748251
Landlocked · Power at road
118.3Nov 4, 2025$727,3006,1485,7101.4 mi
72
MD-768466
Gravel · Off grid
138.2Feb 15, 2026$1,624,50011,7528,9878.5 mi
64
Show adjustment detail for the top comp
  • Tract size (415.16 ac → 400.39 ac)+1.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.