Kent County, DE · Sold

DE-779268

1444 County Road 132

$1,937,700

$9,409/ac · 206 ac

Offer report Market this tract

Acreage206 ac

Price per acre$9,409/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedJun 17, 2024

Coordinates39.1749, -75.5991

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

3 items to verify before you offer.

Risk index

Low risk

Wetlands18.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,658 ft of deeded road frontage.

Power79 ft away

Power at or near the road.

Buildable area160.44 of 205.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,071,879

$1,705,658 – $2,438,101 · $10,060/ac on 206 ac

Asking vs estimate

-6.5%

Priced below the comp set

Weighted from 7 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 $1,937,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,183,931

$5,749/ac · +30.0% target margin

You need $753,769 off asking to hit this margin.

All-in cost$1,284,565

Net resale$1,906,129

Projected profit$621,564

ROI+48.4%

Annualized+69.2%

Break-even resale$6,780/ac

Profit if resale lands off target

-20%

$240,338

-10%

$430,951

$621,564

+10%

$812,177

+20%

$1,002,790

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-929001 Landlocked · Power at road	169.7	Jul 27, 2026	$1,320,600	7,780	9,350	0.9 mi	88
DE-478623 Gravel · Off grid	129.1	Mar 12, 2026	$1,242,300	9,625	8,738	10.9 mi	75
DE-299476 Landlocked · Full utilities	239.4	Jan 31, 2025	$2,219,000	9,267	10,671	9.8 mi	74
DE-748633 Paved · Power at road	130.0	Mar 27, 2026	$1,465,100	11,269	7,371	10.0 mi	74
DE-477961 Dirt · Full utilities	79.9	Dec 12, 2025	$1,168,000	14,618	9,650	5.7 mi	73
DE-178148 Landlocked · Off grid	91.5	May 14, 2026	$991,600	10,837	13,180	3.8 mi	72
DE-159236 Paved · Full utilities	201.2	Jun 23, 2024	$3,673,000	18,252	11,810	13.3 mi	68

Show adjustment detail for the top comp

Tract size (169.73 ac → 205.95 ac)-5.2%
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