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Wicomico County, MD · Sold

MD-254593

1156 County Road 153

$230,400
$27,560/ac · 8.36 ac
Acreage8.36 ac
Price per acre$27,560/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedMar 28, 2026
Coordinates38.4092, -75.6729
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
12
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area7.63 of 8.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$234,070
$178,755$289,384 · $27,999/ac on 8.36 ac
Asking vs estimate
-1.6%
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 $230,400
Maximum allowable offer
$133,754
$15,999/ac · +30.0% target margin

You need $96,646 off asking to hit this margin.

All-in cost$145,123
Net resale$215,344
Projected profit$70,221
ROI+48.4%
Annualized+69.2%
Break-even resale$18,869/ac
Profit if resale lands off target
-20%
$27,152
-10%
$48,687
0%
$70,221
+10%
$91,755
+20%
$113,290
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-574984
Paved · Off grid
11.1Mar 9, 2026$144,80013,04119,4877.7 mi
78
MD-273520
Gravel · Full utilities
3.8Jul 27, 2026$130,70034,04038,6733.5 mi
76
MD-984821
Gravel · Off grid
9.9Oct 6, 2025$142,10014,41325,6027.9 mi
74
MD-623775
Dirt · Off grid
4.6Jun 4, 2025$50,00010,82621,6701.6 mi
74
MD-605685
Gravel · Off grid
18.4Jun 2, 2026$270,30014,65626,9759.4 mi
74
MD-453408
Dirt · Power at road
3.5Jul 27, 2026$47,50013,41321,5565.8 mi
72
MD-676215
Landlocked · Power at road
27.1Nov 25, 2025$321,20011,86729,3935.2 mi
68
MD-863657
Dirt · Off grid
4.2Sep 17, 2025$84,80020,00039,4338.0 mi
66
MD-275667
Dirt · Power at road
18.2Jan 9, 2024$252,10013,85127,6706.0 mi
59
MD-516251
Dirt · Off grid
27.8Feb 2, 2024$357,00012,85131,9279.6 mi
53
Show adjustment detail for the top comp
  • Tract size (11.1 ac → 8.36 ac)+2.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.