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Kent County, DE · Sold

DE-515658

8538 County Road 282

$182,200
$12,090/ac · 15.07 ac
Acreage15.07 ac
Price per acre$12,090/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedMay 22, 2025
Coordinates39.1549, -75.4175
Loading terrain…
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

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,786 ft away

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

Buildable area13.69 of 15.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$148,135
$117,530$178,740 · $9,830/ac on 15.07 ac
Asking vs estimate
+23.0%
Priced above the comp set

Weighted from 8 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 $182,200
Maximum allowable offer
$84,648
$5,617/ac · +30.0% target margin

You need $97,552 off asking to hit this margin.

All-in cost$91,843
Net resale$136,284
Projected profit$44,441
ROI+48.4%
Annualized+69.3%
Break-even resale$6,624/ac
Profit if resale lands off target
-20%
$17,184
-10%
$30,813
0%
$44,441
+10%
$58,069
+20%
$71,698
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-305858
Gravel · Off grid
17.4Jul 27, 2026$224,70012,9008,9356.4 mi
84
DE-335378
Gravel · Off grid
12.3Jul 8, 2026$232,80018,92812,6687.5 mi
82
DE-135124
Paved · Off grid
10.2Jul 27, 2026$182,70017,8629,94810.6 mi
78
DE-125708
Paved · Power at road
15.6Nov 7, 2024$232,00014,8527,8471.8 mi
76
DE-564420
Paved · Off grid
6.2Mar 2, 2026$100,10016,2828,9115.9 mi
70
DE-194981
Landlocked · Power at road
9.2Oct 9, 2024$143,90015,59013,66110.2 mi
66
DE-776855
Dirt · Full utilities
35.9Dec 3, 2024$426,30011,8887,9221.2 mi
64
DE-937063
Dirt · Power at road
41.7Feb 9, 2025$427,50010,2558,5044.6 mi
61
Show adjustment detail for the top comp
  • Tract size (17.42 ac → 15.07 ac)+1.6%
  • Access (Gravel → Landlocked)-32.0%

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.