Kent County, DE · Sold

DE-363604

5230 County Road 190

$59,500

$17,500/ac · 3.40 ac

Offer report Market this tract

Acreage3.40 ac

Price per acre$17,500/ac

ZoningUnzoned

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedDec 17, 2024

Coordinates39.1790, -75.4180

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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

Low risk

Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

304 ft of deeded road frontage.

Power171 ft away

Power at or near the road.

Buildable area2.76 of 3.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$52,839

$43,752 – $61,925 · $15,541/ac on 3.40 ac

Asking vs estimate

+12.6%

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 $59,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$30,193

$8,880/ac · +30.0% target margin

You need $29,307 off asking to hit this margin.

All-in cost$32,759

Net resale$48,611

Projected profit$15,852

ROI+48.4%

Annualized+69.3%

Break-even resale$10,473/ac

Profit if resale lands off target

-20%

$6,130

-10%

$10,991

$15,852

+10%

$20,713

+20%

$25,574

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-973474 Landlocked · Power at road	3.1	Jul 27, 2026	$27,100	8,757	11,068	3.5 mi	92
DE-573452 Gravel · Off grid	3.0	Jul 27, 2026	$53,200	17,450	17,635	8.5 mi	82
DE-773645 Landlocked · Off grid	3.5	Aug 2, 2025	$25,600	7,287	11,326	10.6 mi	79
DE-683760 Dirt · Off grid	3.8	Nov 18, 2025	$53,400	14,028	17,083	9.8 mi	78
DE-642410 Dirt · Full utilities	1.4	Jul 27, 2026	$32,200	22,534	18,155	9.7 mi	77
DE-513443 Dirt · Full utilities	3.0	Apr 7, 2024	$61,400	20,272	18,197	5.4 mi	73
DE-932400 Dirt · Full utilities	1.4	Jul 27, 2026	$31,500	22,178	17,866	9.3 mi	72
DE-135124 Paved · Off grid	10.2	Jul 27, 2026	$182,700	17,862	16,291	12.1 mi	71
DE-564420 Paved · Off grid	6.2	Mar 2, 2026	$100,100	16,282	14,592	7.2 mi	71
DE-292343 Landlocked · Power at road	1.4	Jul 27, 2026	$15,500	11,371	14,125	12.4 mi	70

Show adjustment detail for the top comp

Access (Landlocked → Dirt)+26.5%

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