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Worcester County, MD · Sold

MD-229674

7661 County Road 302

$2,320,200
$6,996/ac · 332 ac
Acreage332 ac
Price per acre$6,996/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedMay 6, 2025
Coordinates38.3022, -75.2271
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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

Worcester County, Maryland. Eastern Shore farmland and preservation-easement tracts.

View Worcester market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area264.34 of 331.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,551,285
$3,039,435$4,063,134 · $10,708/ac on 332 ac
Asking vs estimate
-34.7%
Priced below the comp set

Weighted from 5 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 $2,320,200
Maximum allowable offer
$2,029,305
$6,119/ac · +30.0% target margin

You need $290,895 off asking to hit this margin.

All-in cost$2,201,796
Net resale$3,267,182
Projected profit$1,065,386
ROI+48.4%
Annualized+69.2%
Break-even resale$7,216/ac
Profit if resale lands off target
-20%
$411,950
-10%
$738,668
0%
$1,065,386
+10%
$1,392,104
+20%
$1,718,822
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-138652
Gravel · Full utilities
158.2Jul 27, 2026$2,269,40014,34710,0333.7 mi
81
MD-559284
Dirt · Full utilities
250.0Jul 20, 2025$3,107,30012,42811,9677.6 mi
80
MD-608859
Dirt · Power at road
183.8Jan 10, 2026$1,876,40010,21110,7914.6 mi
79
MD-669226
Gravel · Power at road
239.7Mar 15, 2024$2,873,50011,98612,6138.3 mi
65
MD-738583
Gravel · Power at road
150.5Sep 9, 2025$1,377,9009,1587,9936.4 mi
65
Show adjustment detail for the top comp
  • Tract size (158.18 ac → 331.65 ac)-18.9%
  • Access (Gravel → Dirt)-14.0%

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.