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Worcester County, MD · Sold

MD-697630

532 County Road 177

$1,306,300
$17,316/ac · 75.44 ac
Acreage75.44 ac
Price per acre$17,316/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedAug 28, 2025
Coordinates38.2057, -75.3231
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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

3 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands43.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,553 ft of deeded road frontage.

Power233 ft away

Power at or near the road.

Buildable area40.35 of 75.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,086,185
$839,703$1,332,667 · $14,398/ac on 75.44 ac
Asking vs estimate
+20.3%
Priced above the comp set

Weighted from 9 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 $1,306,300
Maximum allowable offer
$620,677
$8,227/ac · +30.0% target margin

You need $685,623 off asking to hit this margin.

All-in cost$673,435
Net resale$999,291
Projected profit$325,856
ROI+48.4%
Annualized+69.2%
Break-even resale$9,703/ac
Profit if resale lands off target
-20%
$125,998
-10%
$225,927
0%
$325,856
+10%
$425,785
+20%
$525,714
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MD-127136
Landlocked · Full utilities
52.8May 20, 2026$852,60016,16318,2106.7 mi
81
MD-667478
Gravel · Power at road
67.6Jan 1, 2025$1,091,40016,15016,8276.6 mi
77
MD-138652
Gravel · Full utilities
158.2Jul 27, 2026$2,269,40014,34714,1866.0 mi
76
MD-607940
Gravel · Power at road
94.4Aug 11, 2024$740,5007,8418,9676.5 mi
74
MD-738583
Gravel · Power at road
150.5Sep 9, 2025$1,377,9009,15811,3022.7 mi
74
MD-766984
Dirt · Full utilities
47.3May 8, 2025$534,00011,30110,2725.0 mi
69
MD-608859
Dirt · Power at road
183.8Jan 10, 2026$1,876,40010,21115,2596.0 mi
69
MD-559284
Dirt · Full utilities
250.0Jul 20, 2025$3,107,30012,42816,9211.4 mi
64
MD-669226
Gravel · Power at road
239.7Mar 15, 2024$2,873,50011,98617,8353.8 mi
62
Show adjustment detail for the top comp
  • Tract size (52.75 ac → 75.44 ac)-7.5%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.0%

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.