New Castle County, DE · Sold

DE-284349

8525 County Road 261

$167,400

$28,664/ac · 5.84 ac

Offer report Market this tract

Acreage5.84 ac

Price per acre$28,664/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedJul 4, 2025

Coordinates39.5918, -75.6315

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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

New Castle County, Delaware. Small coastal-adjacent tracts with strong residential conversion demand.

View New Castle market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

279 ft of deeded road frontage.

Power78 ft away

Power at or near the road.

Buildable area5.15 of 5.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$149,191

$119,677 – $178,705 · $25,546/ac on 5.84 ac

Asking vs estimate

+12.2%

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 $167,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$85,252

$14,598/ac · +30.0% target margin

You need $82,148 off asking to hit this margin.

All-in cost$92,498

Net resale$137,256

Projected profit$44,757

ROI+48.4%

Annualized+69.2%

Break-even resale$17,216/ac

Profit if resale lands off target

-20%

$17,306

-10%

$31,032

$44,757

+10%

$58,483

+20%

$72,209

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-834072 Gravel · Off grid	4.8	Jun 19, 2026	$97,400	20,379	23,902	0.3 mi	88
DE-833980 Dirt · Full utilities	4.5	Jul 27, 2026	$155,700	34,824	32,852	4.8 mi	81
DE-123851 Gravel · Off grid	4.1	Dec 26, 2025	$108,300	26,608	31,623	1.3 mi	80
DE-733321 Landlocked · Power at road	2.8	Jul 27, 2026	$41,400	14,945	21,404	2.5 mi	78
DE-663603 Gravel · Off grid	3.4	Oct 14, 2025	$78,000	22,942	27,315	4.4 mi	73
DE-835113 Dirt · Full utilities	10.2	Jun 24, 2025	$176,100	17,353	17,975	4.3 mi	69
DE-173450 Landlocked · Full utilities	3.0	Sep 14, 2025	$68,700	22,609	27,577	6.0 mi	67
DE-365691 Gravel · Off grid	15.4	Nov 21, 2024	$225,600	14,620	19,906	4.5 mi	63

Show adjustment detail for the top comp

Tract size (4.78 ac → 5.84 ac)-1.0%
Utilities (Off grid → Power at road)+17.6%
Market time (2 mo)+0.7%

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