Comparable sales & offer analysis
Parcel MD-717228
Caroline County, MD · 56.38 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$515,900
Adjusted value
$543,337
Value range
$445,951–$640,724
Comp $/acre
$9,637/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.0% versus the adjusted value.
Offer position
Max allowable offer
$310,479
Offer $/acre
$5,507/ac
Projected profit
$163,001
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MD-756677 | 37.8 | Nov 30, 2025 | $410,400 | 10,849 | 8,220 | 81 |
| MD-887069 | 50.3 | Jan 21, 2026 | $800,000 | 15,921 | 9,224 | 80 |
| MD-437453 | 66.4 | Apr 9, 2025 | $852,900 | 12,853 | 9,616 | 77 |
| MD-557276 | 58.4 | Mar 7, 2025 | $785,300 | 13,451 | 11,423 | 77 |
| MD-428011 | 99.4 | Sep 13, 2025 | $1,183,000 | 11,899 | 9,617 | 76 |
| MD-996896 | 44.3 | Jun 16, 2025 | $612,400 | 13,815 | 8,026 | 74 |
| MD-537896 | 91.5 | Sep 4, 2025 | $1,367,100 | 14,944 | 11,848 | 71 |
| MD-217195 | 55.0 | Oct 22, 2024 | $1,199,100 | 21,782 | 12,918 | 71 |
| MD-845940 | 22.2 | Jan 5, 2026 | $300,100 | 13,529 | 8,073 | 69 |
| MD-637860 | 89.1 | Jul 11, 2024 | $947,200 | 10,628 | 7,447 | 68 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.