Comparable sales & offer analysis
Parcel MD-397505
Wicomico County, MD · 68.91 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$798,200
Adjusted value
$1,079,318
Value range
$905,509–$1,253,127
Comp $/acre
$15,663/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.0% versus the adjusted value.
Offer position
Max allowable offer
$616,753
Offer $/acre
$8,950/ac
Projected profit
$323,795
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-627338 | 61.1 | May 26, 2026 | $868,100 | 14,217 | 16,583 | 81 |
| MD-427361 | 62.1 | Feb 16, 2026 | $750,100 | 12,082 | 14,135 | 77 |
| MD-217333 | 60.8 | May 29, 2024 | $866,800 | 14,247 | 12,947 | 70 |
| MD-347042 | 49.3 | Jun 19, 2025 | $521,800 | 10,590 | 12,130 | 70 |
| MD-898704 | 164.3 | Aug 29, 2025 | $2,177,200 | 13,256 | 20,306 | 66 |
| MD-676215 | 27.1 | Nov 25, 2025 | $321,200 | 11,867 | 15,206 | 63 |
| MD-499011 | 205.2 | Aug 29, 2024 | $2,215,900 | 10,801 | 18,083 | 63 |
| MD-516251 | 27.8 | Feb 2, 2024 | $357,000 | 12,851 | 16,511 | 57 |
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.