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Wicomico County, MD · Sold

MD-872344

715 County Road 204

$23,800
$14,512/ac · 1.64 ac
Acreage1.64 ac
Price per acre$14,512/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedDec 19, 2023
Coordinates38.3597, -75.6011
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
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

260 ft of deeded road frontage.

Power40 ft away

Power at or near the road.

Buildable area1.48 of 1.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,661
$23,601$37,721 · $18,696/ac on 1.64 ac
Asking vs estimate
-22.4%
Priced below the comp set

Weighted from 7 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 $23,800
Maximum allowable offer
$17,520
$10,683/ac · +30.0% target margin

You need $6,280 off asking to hit this margin.

All-in cost$19,009
Net resale$28,208
Projected profit$9,199
ROI+48.4%
Annualized+69.3%
Break-even resale$12,599/ac
Profit if resale lands off target
-20%
$3,557
-10%
$6,378
0%
$9,199
+10%
$12,020
+20%
$14,840
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-453408
Dirt · Power at road
3.5Jul 27, 2026$47,50013,41313,6964.2 mi
79
MD-942592
Dirt · Power at road
2.0Mar 23, 2024$34,20017,43619,2543.2 mi
75
MD-273520
Gravel · Full utilities
3.8Jul 27, 2026$130,70034,04024,5718.6 mi
70
MD-863657
Dirt · Off grid
4.2Sep 17, 2025$84,80020,00025,0553.8 mi
69
MD-621274
Gravel · Full utilities
0.8Mar 8, 2025$16,70022,30916,5265.4 mi
68
MD-370785
Landlocked · Full utilities
0.5Mar 28, 2026$9,20017,43418,1567.4 mi
66
MD-623775
Dirt · Off grid
4.6Jun 4, 2025$50,00010,82613,7686.0 mi
64
Show adjustment detail for the top comp
  • Tract size (3.54 ac → 1.64 ac)+1.9%

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.