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Wicomico County, MD · Sold

MD-898704

4862 County Road 217

$2,249,200
$13,694/ac · 164 ac
Acreage164 ac
Price per acre$13,694/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJul 16, 2025
Coordinates38.3639, -75.6348
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

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands49.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,566 ft of deeded road frontage.

Power11,338 ft away

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

Buildable area79.27 of 164.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,687,469
$1,338,297$2,036,640 · $10,274/ac on 164 ac
Asking vs estimate
+33.3%
Priced above 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 $2,249,200
Maximum allowable offer
$964,268
$5,871/ac · +30.0% target margin

You need $1,284,932 off asking to hit this margin.

All-in cost$1,046,231
Net resale$1,552,471
Projected profit$506,240
ROI+48.4%
Annualized+69.2%
Break-even resale$6,924/ac
Profit if resale lands off target
-20%
$195,746
-10%
$350,993
0%
$506,240
+10%
$661,487
+20%
$816,735
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-627338
Gravel · Off grid
61.1May 26, 2026$868,10014,21711,2612.7 mi
80
MD-339833
Dirt · Full utilities
372.1Apr 11, 2026$3,396,5009,1279,4698.0 mi
73
MD-619932
Gravel · Power at road
399.8Jan 4, 2026$5,090,90012,73314,3145.1 mi
70
MD-499011
Dirt · Power at road
205.2Aug 29, 2024$2,215,90010,80112,2846.4 mi
69
MD-427361
Dirt · Power at road
62.1Feb 16, 2026$750,10012,0829,6004.8 mi
68
MD-397505
Paved · Off grid
68.9May 10, 2025$717,60010,4137,4895.5 mi
65
MD-347042
Dirt · Power at road
49.3Jun 19, 2025$521,80010,5908,2391.3 mi
63
MD-217333
Paved · Power at road
60.8May 29, 2024$866,80014,2478,7965.5 mi
58
Show adjustment detail for the top comp
  • Tract size (61.06 ac → 164.25 ac)-21.5%
  • 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.