New Castle County, DE · Sold

DE-835113

6889 County Road 138

$206,000

$20,296/ac · 10.15 ac

Offer report Market this tract

Acreage10.15 ac

Price per acre$20,296/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedOct 30, 2024

Coordinates39.6246, -75.6997

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County GIS boundary

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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

Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

630 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area9.09 of 10.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$304,834

$220,766 – $388,903 · $30,033/ac on 10.15 ac

Asking vs estimate

-32.4%

Priced below the comp set

Weighted from 10 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 $206,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$174,191

$17,162/ac · +30.0% target margin

You need $31,809 off asking to hit this margin.

All-in cost$188,997

Net resale$280,448

Projected profit$91,450

ROI+48.4%

Annualized+69.2%

Break-even resale$20,240/ac

Profit if resale lands off target

-20%

$35,361

-10%

$63,406

$91,450

+10%

$119,495

+20%

$147,540

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-833980 Dirt · Full utilities	4.5	Jul 27, 2026	$155,700	34,824	33,238	7.5 mi	76
DE-284349 Gravel · Power at road	5.8	Jun 22, 2026	$168,700	28,894	29,416	4.3 mi	76
DE-326080 Paved · Power at road	20.4	May 31, 2026	$896,500	43,840	42,303	1.7 mi	75
DE-834072 Gravel · Off grid	4.8	Jun 19, 2026	$97,400	20,379	24,183	4.3 mi	73
DE-726366 Paved · Power at road	25.2	Feb 15, 2026	$480,200	19,086	19,178	2.7 mi	69
DE-663603 Gravel · Off grid	3.4	Oct 14, 2025	$78,000	22,942	27,636	3.0 mi	69
DE-123851 Gravel · Off grid	4.1	Dec 26, 2025	$108,300	26,608	31,995	3.6 mi	68
DE-186267 Dirt · Off grid	23.4	Apr 27, 2025	$647,900	27,665	45,886	4.3 mi	67
DE-365691 Gravel · Off grid	15.4	Nov 21, 2024	$225,600	14,620	20,140	6.2 mi	67
DE-336558 Gravel · Off grid	28.9	May 4, 2025	$496,000	17,150	25,224	7.2 mi	65

Show adjustment detail for the top comp

Tract size (4.47 ac → 10.15 ac)-4.8%

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