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Wicomico County, MD · Sold

MD-605685

1986 County Road 392

$279,200
$15,141/ac · 18.44 ac
Acreage18.44 ac
Price per acre$15,141/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 8, 2025
Coordinates38.3287, -75.5332
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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

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
16
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,013 ft of deeded road frontage.

Power8,258 ft away

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

Buildable area15.78 of 18.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$268,050
$229,221$306,880 · $14,536/ac on 18.44 ac
Asking vs estimate
+4.2%
In line with 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 $279,200
Maximum allowable offer
$153,172
$8,306/ac · +30.0% target margin

You need $126,028 off asking to hit this margin.

All-in cost$166,192
Net resale$246,606
Projected profit$80,415
ROI+48.4%
Annualized+69.2%
Break-even resale$9,796/ac
Profit if resale lands off target
-20%
$31,093
-10%
$55,754
0%
$80,415
+10%
$105,075
+20%
$129,736
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-574984
Paved · Off grid
11.1Mar 9, 2026$144,80013,04110,6781.7 mi
78
MD-676215
Landlocked · Power at road
27.1Nov 25, 2025$321,20011,86716,1066.8 mi
77
MD-275667
Dirt · Power at road
18.2Jan 9, 2024$252,10013,85115,1623.8 mi
73
MD-254593
Paved · Full utilities
8.4Apr 23, 2026$193,30023,12312,8379.4 mi
73
MD-627338
Gravel · Off grid
61.1May 26, 2026$868,10014,21717,5625.2 mi
72
MD-984821
Gravel · Off grid
9.9Oct 6, 2025$142,10014,41314,0297.8 mi
72
MD-516251
Dirt · Off grid
27.8Feb 2, 2024$357,00012,85117,4951.4 mi
70
MD-347042
Dirt · Power at road
49.3Jun 19, 2025$521,80010,59012,8495.5 mi
62
MD-217333
Paved · Power at road
60.8May 29, 2024$866,80014,24713,7182.9 mi
62
MD-427361
Dirt · Power at road
62.1Feb 16, 2026$750,10012,08214,97110.3 mi
62
Show adjustment detail for the top comp
  • Tract size (11.1 ac → 18.44 ac)-5.1%
  • Access (Paved → Gravel)-15.3%
  • Market time (5 mo)+1.8%

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.