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New Castle County, DE · Sold

DE-733321

272 County Road 349

$44,900
$16,209/ac · 2.77 ac
Acreage2.77 ac
Price per acre$16,209/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedSep 21, 2025
Coordinates39.5560, -75.6223
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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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power79 ft away

Power at or near the road.

Buildable area2.38 of 2.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$55,614
$49,925$61,303 · $20,077/ac on 2.77 ac
Asking vs estimate
-19.3%
Priced below the comp set

Weighted from 6 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 $44,900
Maximum allowable offer
$31,780
$11,473/ac · +30.0% target margin

You need $13,120 off asking to hit this margin.

All-in cost$34,481
Net resale$51,165
Projected profit$16,684
ROI+48.4%
Annualized+69.2%
Break-even resale$13,531/ac
Profit if resale lands off target
-20%
$6,451
-10%
$11,567
0%
$16,684
+10%
$21,800
+20%
$26,917
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-663603
Gravel · Off grid
3.4Oct 14, 2025$78,00022,94219,1145.2 mi
80
DE-173450
Landlocked · Full utilities
3.0Sep 14, 2025$68,70022,60919,2975.2 mi
80
DE-834072
Gravel · Off grid
4.8Jun 19, 2026$97,40020,37916,7262.3 mi
77
DE-833980
Dirt · Full utilities
4.5Jul 27, 2026$155,70034,82422,9896.4 mi
77
DE-284349
Gravel · Power at road
5.8Jun 22, 2026$168,70028,89420,3452.5 mi
77
DE-123851
Gravel · Off grid
4.1Dec 26, 2025$108,30026,60822,1292.7 mi
75
Show adjustment detail for the top comp
  • Tract size (3.4 ac → 2.77 ac)+0.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.5%

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.