Kent County, DE · Sold

DE-993258

1276 County Road 371

$51,100

$19,283/ac · 2.65 ac

Offer report Market this tract

Acreage2.65 ac

Price per acre$19,283/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedSep 3, 2023

Coordinates39.1748, -75.5203

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

154 ft of deeded road frontage.

Power10,106 ft away

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

Buildable area2.13 of 2.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$41,467

$34,586 – $48,348 · $15,648/ac on 2.65 ac

Asking vs estimate

+23.2%

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 $51,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$23,696

$8,942/ac · +30.0% target margin

You need $27,404 off asking to hit this margin.

All-in cost$25,710

Net resale$38,150

Projected profit$12,440

ROI+48.4%

Annualized+69.2%

Break-even resale$10,546/ac

Profit if resale lands off target

-20%

$4,810

-10%

$8,625

$12,440

+10%

$16,255

+20%

$20,070

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	17,557	3.1 mi	94
DE-973474 Landlocked · Power at road	3.1	Jul 27, 2026	$27,100	8,757	11,019	6.3 mi	82
DE-683760 Dirt · Off grid	3.8	Nov 18, 2025	$53,400	14,028	17,008	5.5 mi	75
DE-932400 Dirt · Full utilities	1.4	Jul 27, 2026	$31,500	22,178	17,787	7.6 mi	74
DE-513443 Dirt · Full utilities	3.0	Apr 7, 2024	$61,400	20,272	18,117	0.2 mi	74
DE-773645 Landlocked · Off grid	3.5	Aug 2, 2025	$25,600	7,287	11,276	8.3 mi	73
DE-363604 Dirt · Power at road	3.4	Jun 30, 2025	$48,800	14,350	14,963	5.5 mi	73
DE-642410 Dirt · Full utilities	1.4	Jul 27, 2026	$32,200	22,534	18,075	10.0 mi	73
DE-252630 Dirt · Off grid	1.7	Aug 26, 2025	$23,200	13,809	16,551	7.5 mi	71
DE-292343 Landlocked · Power at road	1.4	Jul 27, 2026	$15,500	11,371	14,062	11.1 mi	71

Show adjustment detail for the top comp

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