New Castle County, DE · Sold

DE-833980

9419 County Road 97

$184,000

$41,163/ac · 4.47 ac

Offer report Market this tract

Acreage4.47 ac

Price per acre$41,163/ac

ZoningResidential

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedJun 8, 2026

Coordinates39.6349, -75.5595

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

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

Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

407 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.88 of 4.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$119,448

$98,375 – $140,521 · $26,722/ac on 4.47 ac

Asking vs estimate

+54.0%

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 $184,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$68,256

$15,270/ac · +30.0% target margin

You need $115,744 off asking to hit this margin.

All-in cost$74,058

Net resale$109,892

Projected profit$35,834

ROI+48.4%

Annualized+69.2%

Break-even resale$18,008/ac

Profit if resale lands off target

-20%

$13,856

-10%

$24,845

$35,834

+10%

$46,824

+20%

$57,813

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	25,393	5.1 mi	88
DE-123851 Gravel · Off grid	4.1	Dec 26, 2025	$108,300	26,608	33,595	6.1 mi	83
DE-284349 Gravel · Power at road	5.8	Jun 22, 2026	$168,700	28,894	30,887	4.8 mi	80
DE-733321 Landlocked · Power at road	2.8	Jul 27, 2026	$41,400	14,945	22,739	6.4 mi	77
DE-663603 Gravel · Off grid	3.4	Oct 14, 2025	$78,000	22,942	29,018	9.0 mi	72
DE-173450 Landlocked · Full utilities	3.0	Sep 14, 2025	$68,700	22,609	29,297	10.8 mi	70
DE-835113 Dirt · Full utilities	10.2	Jun 24, 2025	$176,100	17,353	19,096	7.5 mi	68
DE-365691 Gravel · Off grid	15.4	Nov 21, 2024	$225,600	14,620	21,147	9.2 mi	56

Show adjustment detail for the top comp

Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Full utilities)+43.5%
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