Kent County, DE · Sold

DE-550795

154 County Road 160

$6,700

$15,227/ac · 0.44 ac

Offer report Market this tract

Acreage0.44 ac

Price per acre$15,227/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedMay 6, 2025

Coordinates39.0945, -75.6038

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

116 ft of deeded road frontage.

Power3,694 ft away

Service extension needed; get a utility quote.

Buildable area0.38 of 0.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$7,814

$6,549 – $9,079 · $17,759/ac on 0.44 ac

Asking vs estimate

-14.3%

Priced below 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 $6,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$4,465

$10,148/ac · +30.0% target margin

You need $2,235 off asking to hit this margin.

All-in cost$4,845

Net resale$7,189

Projected profit$2,344

ROI+48.4%

Annualized+69.3%

Break-even resale$11,968/ac

Profit if resale lands off target

-20%

$907

-10%

$1,625

$2,344

+10%

$3,063

+20%

$3,782

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-640633 Landlocked · Full utilities	0.4	Jul 27, 2026	$7,100	17,712	18,180	8.4 mi	82
DE-211159 Gravel · Off grid	0.6	Mar 20, 2025	$7,100	12,252	12,995	7.3 mi	74
DE-800628 Dirt · Off grid	0.4	Apr 23, 2024	$5,200	13,404	17,092	3.6 mi	74
DE-360027 Gravel · Power at road	0.3	Nov 3, 2024	$6,700	22,167	20,222	7.4 mi	73
DE-932400 Dirt · Full utilities	1.4	Jul 27, 2026	$31,500	22,178	18,190	5.5 mi	69
DE-292343 Landlocked · Power at road	1.4	Jul 27, 2026	$15,500	11,371	14,381	7.5 mi	68
DE-642410 Dirt · Full utilities	1.4	Jul 27, 2026	$32,200	22,534	18,485	9.1 mi	67
DE-382090 Gravel · Full utilities	1.1	Feb 13, 2025	$34,900	30,650	22,868	8.4 mi	66

Show adjustment detail for the top comp

Access (Landlocked → Gravel)+47.1%
Utilities (Full utilities → Off grid)-30.3%

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