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Wicomico County, MD · Sold

MD-453408

1994 County Road 287

$48,600
$13,729/ac · 3.54 ac
Acreage3.54 ac
Price per acre$13,729/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJul 9, 2026
Coordinates38.3255, -75.6654
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
16
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power173 ft away

Power at or near the road.

Buildable area3.17 of 3.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$63,098
$47,071$79,125 · $17,824/ac on 3.54 ac
Asking vs estimate
-23.0%
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 $48,600
Maximum allowable offer
$36,056
$10,185/ac · +30.0% target margin

You need $12,544 off asking to hit this margin.

All-in cost$39,121
Net resale$58,050
Projected profit$18,929
ROI+48.4%
Annualized+69.2%
Break-even resale$12,012/ac
Profit if resale lands off target
-20%
$7,319
-10%
$13,124
0%
$18,929
+10%
$24,734
+20%
$30,539
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-863657
Dirt · Off grid
4.2Sep 17, 2025$84,80020,00024,5923.4 mi
84
MD-273520
Gravel · Full utilities
3.8Jul 27, 2026$130,70034,04024,1178.7 mi
82
MD-623775
Dirt · Off grid
4.6Jun 4, 2025$50,00010,82613,5145.4 mi
75
MD-254593
Paved · Full utilities
8.4Apr 23, 2026$193,30023,12314,6095.8 mi
69
MD-942592
Dirt · Power at road
2.0Mar 23, 2024$34,20017,43618,8984.7 mi
68
MD-872344
Dirt · Power at road
1.6Aug 1, 2024$24,80015,10716,0984.2 mi
67
MD-984821
Gravel · Off grid
9.9Oct 6, 2025$142,10014,41315,9662.1 mi
66
MD-574984
Paved · Off grid
11.1Mar 9, 2026$144,80013,04112,1525.9 mi
65
Show adjustment detail for the top comp
  • Tract size (4.24 ac → 3.54 ac)+0.7%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (11 mo)+3.8%

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.