New Castle County, DE · Sold

DE-228212

9139 County Road 221

$1,693,700

$17,672/ac · 95.84 ac

Offer report Market this tract

Acreage95.84 ac

Price per acre$17,672/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyWooded

ListedNov 22, 2024

Coordinates39.6376, -75.5574

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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

Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,168 ft of deeded road frontage.

Power23 ft away

Power at or near the road.

Buildable area87.68 of 95.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,465,870

$1,220,076 – $1,711,664 · $15,295/ac on 95.84 ac

Asking vs estimate

+15.5%

Priced above the comp set

Weighted from 9 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 $1,693,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$837,640

$8,740/ac · +30.0% target margin

You need $856,060 off asking to hit this margin.

All-in cost$908,839

Net resale$1,348,600

Projected profit$439,761

ROI+48.4%

Annualized+69.2%

Break-even resale$10,307/ac

Profit if resale lands off target

-20%

$170,041

-10%

$304,901

$439,761

+10%

$574,621

+20%

$709,481

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-318445 Gravel · Full utilities	113.5	Jul 27, 2026	$2,079,100	18,324	13,501	12.5 mi	78
DE-289478 Dirt · Power at road	239.8	Jul 27, 2026	$3,475,400	14,493	18,541	2.6 mi	78
DE-799613 Gravel · Power at road	264.4	Jul 27, 2026	$3,121,200	11,803	13,354	7.2 mi	71
DE-528846 Dirt · Power at road	151.7	Apr 13, 2024	$1,926,400	12,698	15,687	5.8 mi	70
DE-417403 Dirt · Off grid	53.3	Jul 28, 2024	$552,200	10,352	11,594	1.6 mi	69
DE-139717 Gravel · Full utilities	285.1	Jul 27, 2026	$4,160,300	14,591	13,829	7.3 mi	69
DE-779818 Gravel · Off grid	306.8	Jul 27, 2026	$4,418,600	14,403	20,014	6.7 mi	68
DE-258536 Gravel · Full utilities	121.2	May 18, 2024	$2,477,400	20,442	16,724	13.0 mi	65
DE-336558 Gravel · Off grid	28.9	May 4, 2025	$496,000	17,150	14,345	6.9 mi	64

Show adjustment detail for the top comp

Tract size (113.46 ac → 95.84 ac)+4.3%
Access (Gravel → Dirt)-14.0%
Utilities (Full utilities → Power at road)-18.0%

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