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Wicomico County, MD · Sold

MD-397505

7196 County Road 102

$798,200
$11,583/ac · 68.91 ac
Acreage68.91 ac
Price per acre$11,583/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedApr 8, 2024
Coordinates38.4431, -75.6275
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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,204 ft away

Service extension needed; get a utility quote.

Buildable area58.98 of 68.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,073,669
$900,833$1,246,505 · $15,581/ac on 68.91 ac
Asking vs estimate
-25.7%
Priced below the comp set

Weighted from 8 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 $798,200
Maximum allowable offer
$613,525
$8,903/ac · +30.0% target margin

You need $184,675 off asking to hit this margin.

All-in cost$665,675
Net resale$987,775
Projected profit$322,101
ROI+48.4%
Annualized+69.2%
Break-even resale$10,500/ac
Profit if resale lands off target
-20%
$124,546
-10%
$223,323
0%
$322,101
+10%
$420,878
+20%
$519,656
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-627338
Gravel · Off grid
61.1May 26, 2026$868,10014,21716,4918.2 mi
82
MD-427361
Dirt · Power at road
62.1Feb 16, 2026$750,10012,08214,0588.3 mi
78
MD-217333
Paved · Power at road
60.8May 29, 2024$866,80014,24712,88110.2 mi
70
MD-347042
Dirt · Power at road
49.3Jun 19, 2025$521,80010,59012,0666.8 mi
70
MD-898704
Gravel · Off grid
164.3Aug 29, 2025$2,177,20013,25620,1985.5 mi
67
MD-676215
Landlocked · Power at road
27.1Nov 25, 2025$321,20011,86715,1247.7 mi
64
MD-499011
Dirt · Power at road
205.2Aug 29, 2024$2,215,90010,80117,9904.3 mi
64
MD-516251
Dirt · Off grid
27.8Feb 2, 2024$357,00012,85116,42810.1 mi
57
Show adjustment detail for the top comp
  • Tract size (61.06 ac → 68.91 ac)-2.6%
  • Access (Gravel → Paved)+18.0%
  • Market time (3 mo)+0.9%

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.