Kent County, DE · Sold

DE-382090

5687 County Road 49

$33,500

$29,386/ac · 1.14 ac

Offer report Market this tract

Acreage1.14 ac

Price per acre$29,386/ac

ZoningResidential

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedApr 30, 2024

Coordinates39.1603, -75.4726

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.99 of 1.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$26,566

$21,868 – $31,265 · $23,304/ac on 1.14 ac

Asking vs estimate

+26.1%

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 $33,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$15,181

$13,317/ac · +30.0% target margin

You need $18,319 off asking to hit this margin.

All-in cost$16,471

Net resale$24,441

Projected profit$7,970

ROI+48.4%

Annualized+69.2%

Break-even resale$15,705/ac

Profit if resale lands off target

-20%

$3,082

-10%

$5,526

$7,970

+10%

$10,414

+20%

$12,858

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-932400 Dirt · Full utilities	1.4	Jul 27, 2026	$31,500	22,178	25,919	6.9 mi	83
DE-642410 Dirt · Full utilities	1.4	Jul 27, 2026	$32,200	22,534	26,339	8.4 mi	82
DE-292343 Landlocked · Power at road	1.4	Jul 27, 2026	$15,500	11,371	20,492	10.3 mi	80
DE-573452 Gravel · Off grid	3.0	Jul 27, 2026	$53,200	17,450	25,584	5.7 mi	73
DE-640633 Landlocked · Full utilities	0.4	Jul 27, 2026	$7,100	17,712	25,905	4.9 mi	73
DE-973474 Landlocked · Power at road	3.1	Jul 27, 2026	$27,100	8,757	16,056	3.6 mi	72
DE-252630 Dirt · Off grid	1.7	Aug 26, 2025	$23,200	13,809	24,118	7.5 mi	70
DE-550795 Gravel · Off grid	0.4	Jun 26, 2025	$5,700	12,989	19,392	8.4 mi	68
DE-211159 Gravel · Off grid	0.6	Mar 20, 2025	$7,100	12,252	18,516	9.5 mi	66
DE-993258 Gravel · Off grid	2.6	Jun 16, 2024	$50,600	19,090	30,349	2.7 mi	64

Show adjustment detail for the top comp

Access (Dirt → Gravel)+16.3%

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