Kent County, DE · Sold

DE-135124

7584 County Road 391

$199,700

$19,521/ac · 10.23 ac

Offer report Market this tract

Acreage10.23 ac

Price per acre$19,521/ac

ZoningUnzoned

Road accessPaved

UtilitiesOff grid

TopographyMixed

ListedJul 18, 2025

Coordinates39.0241, -75.5216

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County GIS boundary

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County market

Kent County, Delaware. Small coastal-adjacent tracts with strong residential conversion demand.

View Kent market data →

Step 1 · Is this a deal?

Due diligence

6 items to verify before you offer.

Risk index

Moderate risk

Wetlands18.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,872 ft away

A long utility run — price in solar/off-grid instead.

Buildable area7.89 of 10.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$183,758

$140,985 – $226,530 · $17,963/ac on 10.23 ac

Asking vs estimate

+8.7%

Priced above the comp set

Weighted from 10 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 $199,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$105,004

$10,264/ac · +30.0% target margin

You need $94,696 off asking to hit this margin.

All-in cost$113,929

Net resale$169,057

Projected profit$55,128

ROI+48.4%

Annualized+69.3%

Break-even resale$12,105/ac

Profit if resale lands off target

-20%

$21,316

-10%

$38,222

$55,128

+10%

$72,033

+20%

$88,939

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-335378 Gravel · Off grid	12.3	Jul 8, 2026	$232,800	18,928	22,796	5.4 mi	84
DE-564420 Paved · Off grid	6.2	Mar 2, 2026	$100,100	16,282	16,035	4.9 mi	78
DE-305858 Gravel · Off grid	17.4	Jul 27, 2026	$224,700	12,900	16,079	7.5 mi	77
DE-194981 Landlocked · Power at road	9.2	Oct 9, 2024	$143,900	15,590	24,584	1.0 mi	75
DE-515658 Landlocked · Off grid	15.1	Jan 16, 2026	$180,200	11,957	22,040	10.6 mi	73
DE-973474 Landlocked · Power at road	3.1	Jul 27, 2026	$27,100	8,757	12,162	9.0 mi	71
DE-773645 Landlocked · Off grid	3.5	Aug 2, 2025	$25,600	7,287	12,445	2.3 mi	71
DE-573452 Gravel · Off grid	3.0	Jul 27, 2026	$53,200	17,450	19,378	11.0 mi	67
DE-683760 Dirt · Off grid	3.8	Nov 18, 2025	$53,400	14,028	18,772	6.4 mi	66
DE-125708 Paved · Power at road	15.6	Nov 7, 2024	$232,000	14,852	14,120	12.2 mi	66

Show adjustment detail for the top comp

Tract size (12.3 ac → 10.23 ac)+1.6%
Access (Gravel → Paved)+18.0%
Market time (1 mo)+0.4%

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.

Build the listing kit Post a deal or JV