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Talbot County, MD · Sold

MD-365417

7768 County Road 389

$169,500
$11,166/ac · 15.18 ac
Acreage15.18 ac
Price per acre$11,166/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJul 31, 2024
Coordinates38.7530, -76.1037
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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

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

View Talbot market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope20.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,192 ft away

A long utility run — price in solar/off-grid instead.

Buildable area8.57 of 15.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$262,926
$213,490$312,363 · $17,321/ac on 15.18 ac
Asking vs estimate
-35.5%
Priced below 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 $169,500
Maximum allowable offer
$150,244
$9,897/ac · +30.0% target margin

You need $19,256 off asking to hit this margin.

All-in cost$163,015
Net resale$241,892
Projected profit$78,877
ROI+48.4%
Annualized+69.2%
Break-even resale$11,673/ac
Profit if resale lands off target
-20%
$30,499
-10%
$54,688
0%
$78,877
+10%
$103,067
+20%
$127,256
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-995262
Landlocked · Power at road
13.6Nov 13, 2024$302,60022,30120,1183.3 mi
76
MD-604362
Dirt · Off grid
7.1Jun 11, 2026$185,70026,26119,6372.3 mi
76
MD-576588
Gravel · Off grid
35.5Mar 27, 2025$489,50013,80411,1863.8 mi
70
MD-816212
Gravel · Full utilities
27.0Apr 21, 2024$879,10032,54718,2308.6 mi
65
MD-166482
Gravel · Power at road
32.8Dec 31, 2024$814,70024,80817,0226.9 mi
62
Show adjustment detail for the top comp
  • Tract size (13.57 ac → 15.18 ac)-1.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (21 mo)+7.4%

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.