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Wicomico County, MD · Sold

MD-460437

2852 County Road 232

$10,800
$26,341/ac · 0.41 ac
Acreage0.41 ac
Price per acre$26,341/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 7, 2024
Coordinates38.4306, -75.5448
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

5 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands27.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,430 ft away

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

Buildable area0.28 of 0.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,073
$6,507$7,639 · $17,251/ac on 0.41 ac
Asking vs estimate
+52.7%
Priced above 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 $10,800
Maximum allowable offer
$4,042
$9,858/ac · +30.0% target margin

You need $6,758 off asking to hit this margin.

All-in cost$4,386
Net resale$6,507
Projected profit$2,122
ROI+48.4%
Annualized+69.2%
Break-even resale$11,627/ac
Profit if resale lands off target
-20%
$820
-10%
$1,471
0%
$2,122
+10%
$2,772
+20%
$3,423
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-440294
Dirt · Off grid
0.4Mar 28, 2026$5,60015,01417,73311.5 mi
80
MD-850282
Paved · Off grid
0.4Sep 1, 2025$6,60017,88415,7575.0 mi
79
MD-370785
Landlocked · Full utilities
0.5Mar 28, 2026$9,20017,43418,17412.5 mi
74
MD-621274
Gravel · Full utilities
0.8Mar 8, 2025$16,70022,30916,54211.1 mi
65
MD-872344
Dirt · Power at road
1.6Aug 1, 2024$24,80015,10716,4185.8 mi
55
MD-942592
Dirt · Power at road
2.0Mar 23, 2024$34,20017,43619,2738.1 mi
51
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • 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.