Kent County, DE · Sold

DE-299476

769 County Road 346

$2,556,400

$10,676/ac · 239 ac

Offer report Market this tract

Acreage239 ac

Price per acre$10,676/ac

ZoningRecreational

Road accessLandlocked

UtilitiesFull utilities

TopographySloped

ListedApr 16, 2024

Coordinates39.1526, -75.4193

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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

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

View Kent market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope18.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area180.07 of 239.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,162,672

$1,754,302 – $2,571,042 · $9,032/ac on 239 ac

Asking vs estimate

+18.2%

Priced above the comp set

Weighted from 7 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 $2,556,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,235,812

$5,161/ac · +30.0% target margin

You need $1,320,588 off asking to hit this margin.

All-in cost$1,340,856

Net resale$1,989,658

Projected profit$648,802

ROI+48.4%

Annualized+69.2%

Break-even resale$6,087/ac

Profit if resale lands off target

-20%

$250,870

-10%

$449,836

$648,802

+10%

$847,768

+20%

$1,046,733

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-929001 Landlocked · Power at road	169.7	Jul 27, 2026	$1,320,600	7,780	8,644	8.8 mi	80
DE-478623 Gravel · Off grid	129.1	Mar 12, 2026	$1,242,300	9,625	8,079	8.4 mi	75
DE-748633 Paved · Power at road	130.0	Mar 27, 2026	$1,465,100	11,269	6,815	2.5 mi	74
DE-779268 Dirt · Power at road	205.9	Aug 22, 2024	$1,625,700	7,894	7,906	9.8 mi	73
DE-178148 Landlocked · Off grid	91.5	May 14, 2026	$991,600	10,837	12,185	6.0 mi	71
DE-477961 Dirt · Full utilities	79.9	Dec 12, 2025	$1,168,000	14,618	8,921	4.5 mi	71
DE-159236 Paved · Full utilities	201.2	Jun 23, 2024	$3,673,000	18,252	10,919	8.9 mi	70

Show adjustment detail for the top comp

Tract size (169.73 ac → 239.45 ac)-9.1%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV