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Washington County, MD · Sold

MD-937005

3501 County Road 89

$354,500
$7,390/ac · 47.97 ac
Acreage47.97 ac
Price per acre$7,390/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedNov 26, 2024
Coordinates39.6515, -77.8147
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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

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

View Washington market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,208 ft away

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

Buildable area36.59 of 47.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$375,195
$301,860$448,529 · $7,821/ac on 47.97 ac
Asking vs estimate
-5.5%
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 $354,500
Maximum allowable offer
$214,397
$4,469/ac · +30.0% target margin

You need $140,103 off asking to hit this margin.

All-in cost$232,621
Net resale$345,179
Projected profit$112,558
ROI+48.4%
Annualized+69.2%
Break-even resale$5,271/ac
Profit if resale lands off target
-20%
$43,523
-10%
$78,041
0%
$112,558
+10%
$147,076
+20%
$181,594
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-876975
Gravel · Full utilities
46.9Jul 27, 2026$592,30012,6177,5442.0 mi
92
MD-867450
Dirt · Power at road
66.2Jul 27, 2026$521,8007,8807,1808.5 mi
85
MD-897245
Gravel · Full utilities
57.1Jul 27, 2026$575,90010,0906,2774.9 mi
83
MD-275608
Dirt · Off grid
17.4Jun 20, 2026$218,10012,50610,7374.5 mi
79
MD-335826
Dirt · Off grid
20.4Mar 27, 2026$175,7008,6047,6053.8 mi
76
MD-828381
Gravel · Power at road
130.0Jul 17, 2026$1,449,30011,15010,2933.9 mi
71
MD-317734
Dirt · Power at road
81.3Feb 1, 2025$538,1006,6156,7093.7 mi
71
MD-706505
Gravel · Off grid
33.4Apr 14, 2024$276,0008,2677,3083.1 mi
70
MD-657740
Landlocked · Full utilities
81.7Sep 11, 2024$450,4005,5135,8914.5 mi
66
MD-238315
Paved · Power at road
123.9Sep 1, 2024$1,306,20010,5418,7843.7 mi
60
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.