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Wicomico County, MD · Sold

MD-621274

1060 County Road 238

$17,800
$23,733/ac · 0.75 ac
Acreage0.75 ac
Price per acre$23,733/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMay 17, 2024
Coordinates38.3007, -75.6666
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

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

View Wicomico market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

155 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.64 of 0.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,585
$16,128$25,042 · $27,447/ac on 0.75 ac
Asking vs estimate
-13.5%
Priced below the comp set

Weighted from 6 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 $17,800
Maximum allowable offer
$11,763
$15,684/ac · +30.0% target margin

You need $6,037 off asking to hit this margin.

All-in cost$12,763
Net resale$18,938
Projected profit$6,175
ROI+48.4%
Annualized+69.2%
Break-even resale$18,497/ac
Profit if resale lands off target
-20%
$2,388
-10%
$4,281
0%
$6,175
+10%
$8,069
+20%
$9,963
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-370785
Landlocked · Full utilities
0.5Mar 28, 2026$9,20017,43425,9923.5 mi
79
MD-440294
Dirt · Off grid
0.4Mar 28, 2026$5,60015,01425,3611.7 mi
74
MD-872344
Dirt · Power at road
1.6Aug 1, 2024$24,80015,10723,4815.4 mi
66
MD-850282
Paved · Off grid
0.4Sep 1, 2025$6,60017,88422,5357.7 mi
65
MD-460437
Gravel · Off grid
0.4Oct 9, 2024$10,80026,44740,76511.1 mi
63
MD-942592
Dirt · Power at road
2.0Mar 23, 2024$34,20017,43627,5654.8 mi
58
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Market time (5 mo)+1.6%

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.