New Castle County, DE · Sold

DE-834072

8362 County Road 303

$113,400

$23,724/ac · 4.78 ac

Offer report Market this tract

Acreage4.78 ac

Price per acre$23,724/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedJan 13, 2026

Coordinates39.5886, -75.6341

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,590 ft away

Service extension needed; get a utility quote.

Buildable area4.34 of 4.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$108,788

$87,840 – $129,735 · $22,759/ac on 4.78 ac

Asking vs estimate

+4.2%

In line with 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 $113,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$62,164

$13,005/ac · +30.0% target margin

You need $51,236 off asking to hit this margin.

All-in cost$67,448

Net resale$100,085

Projected profit$32,637

ROI+48.4%

Annualized+69.3%

Break-even resale$15,337/ac

Profit if resale lands off target

-20%

$12,620

-10%

$22,628

$32,637

+10%

$42,645

+20%

$52,654

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-123851 Gravel · Off grid	4.1	Dec 26, 2025	$108,300	26,608	27,139	1.1 mi	90
DE-833980 Dirt · Full utilities	4.5	Jul 27, 2026	$155,700	34,824	28,194	5.1 mi	89
DE-284349 Gravel · Power at road	5.8	Jun 22, 2026	$168,700	28,894	24,951	0.3 mi	88
DE-733321 Landlocked · Power at road	2.8	Jul 27, 2026	$41,400	14,945	18,369	2.3 mi	78
DE-663603 Gravel · Off grid	3.4	Oct 14, 2025	$78,000	22,942	23,442	4.3 mi	78
DE-173450 Landlocked · Full utilities	3.0	Sep 14, 2025	$68,700	22,609	23,667	5.8 mi	70
DE-835113 Dirt · Full utilities	10.2	Jun 24, 2025	$176,100	17,353	15,426	4.3 mi	66
DE-365691 Gravel · Off grid	15.4	Nov 21, 2024	$225,600	14,620	17,083	4.2 mi	63

Show adjustment detail for the top comp

Tract size (4.07 ac → 4.78 ac)-0.7%
Market time (8 mo)+2.7%

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