Kent County, DE · Sold

DE-513443

7713 County Road 37

$58,500

$19,307/ac · 3.03 ac

Offer report Market this tract

Acreage3.03 ac

Price per acre$19,307/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographySloped

ListedNov 20, 2023

Coordinates39.1770, -75.5184

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope30.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

268 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.79 of 3.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$58,514

$47,470 – $69,559 · $19,312/ac on 3.03 ac

Asking vs estimate

-0.0%

In line with 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 $58,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$33,437

$11,035/ac · +30.0% target margin

You need $25,063 off asking to hit this margin.

All-in cost$36,279

Net resale$53,833

Projected profit$17,554

ROI+48.4%

Annualized+69.2%

Break-even resale$13,014/ac

Profit if resale lands off target

-20%

$6,787

-10%

$12,171

$17,554

+10%

$22,937

+20%

$28,320

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-573452 Gravel · Off grid	3.0	Jul 27, 2026	$53,200	17,450	21,591	3.2 mi	88
DE-973474 Landlocked · Power at road	3.1	Jul 27, 2026	$27,100	8,757	13,551	6.3 mi	85
DE-683760 Dirt · Off grid	3.8	Nov 18, 2025	$53,400	14,028	20,916	5.7 mi	78
DE-363604 Dirt · Power at road	3.4	Jun 30, 2025	$48,800	14,350	18,401	5.4 mi	78
DE-932400 Dirt · Full utilities	1.4	Jul 27, 2026	$31,500	22,178	21,874	7.8 mi	77
DE-642410 Dirt · Full utilities	1.4	Jul 27, 2026	$32,200	22,534	22,228	10.2 mi	76
DE-993258 Gravel · Off grid	2.6	Jun 16, 2024	$50,600	19,090	25,613	0.2 mi	74
DE-292343 Landlocked · Power at road	1.4	Jul 27, 2026	$15,500	11,371	17,294	11.2 mi	74
DE-773645 Landlocked · Off grid	3.5	Aug 2, 2025	$25,600	7,287	13,867	8.5 mi	74
DE-564420 Paved · Off grid	6.2	Mar 2, 2026	$100,100	16,282	17,866	6.2 mi	70

Show adjustment detail for the top comp

Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Full utilities)+43.5%

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