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Washington County, MD · Sold

MD-491010

2923 County Road 217

$9,300
$15,000/ac · 0.62 ac
Acreage0.62 ac
Price per acre$15,000/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 20, 2024
Coordinates39.5797, -77.9099
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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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,530 ft away

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

Buildable area0.55 of 0.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,857
$7,820$9,895 · $14,286/ac on 0.62 ac
Asking vs estimate
+5.0%
In line with 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 $9,300
Maximum allowable offer
$5,061
$8,164/ac · +30.0% target margin

You need $4,239 off asking to hit this margin.

All-in cost$5,491
Net resale$8,149
Projected profit$2,658
ROI+48.4%
Annualized+69.3%
Break-even resale$9,627/ac
Profit if resale lands off target
-20%
$1,028
-10%
$1,843
0%
$2,658
+10%
$3,473
+20%
$4,287
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-240972
Dirt · Power at road
0.6Jul 27, 2026$9,50015,64715,4971.6 mi
88
MD-570105
Gravel · Off grid
0.3Jan 9, 2026$4,70014,64714,9675.5 mi
79
MD-541768
Dirt · Power at road
1.1Jul 27, 2026$13,60012,60912,55011.2 mi
77
MD-501388
Landlocked · Power at road
0.8Aug 24, 2024$9,70011,88316,1204.4 mi
74
MD-812716
Gravel · Off grid
2.1Jun 24, 2025$23,60010,98811,6979.3 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.