New Castle County, DE · Sold

DE-779818

554 County Road 70

$4,344,700

$14,163/ac · 307 ac

Offer report Market this tract

Acreage307 ac

Price per acre$14,163/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedJul 18, 2026

Coordinates39.5619, -75.6365

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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

Low risk

Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,273 ft of deeded road frontage.

Power3,778 ft away

Service extension needed; get a utility quote.

Buildable area285.02 of 306.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$3,379,013

$2,968,442 – $3,789,583 · $11,015/ac on 307 ac

Asking vs estimate

+28.6%

Priced above the comp set

Weighted from 7 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 $4,344,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,930,864

$6,294/ac · +30.0% target margin

You need $2,413,836 off asking to hit this margin.

All-in cost$2,094,987

Net resale$3,108,692

Projected profit$1,013,704

ROI+48.4%

Annualized+69.2%

Break-even resale$7,423/ac

Profit if resale lands off target

-20%

$391,966

-10%

$702,835

$1,013,704

+10%

$1,324,573

+20%

$1,635,442

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-799613 Gravel · Power at road	264.4	Jul 27, 2026	$3,121,200	11,803	9,632	3.4 mi	87
DE-139717 Gravel · Full utilities	285.1	Jul 27, 2026	$4,160,300	14,591	9,974	5.7 mi	87
DE-289478 Dirt · Power at road	239.8	Jul 27, 2026	$3,475,400	14,493	13,373	4.1 mi	83
DE-318445 Gravel · Full utilities	113.5	Jul 27, 2026	$2,079,100	18,324	9,737	5.8 mi	73
DE-228212 Dirt · Power at road	95.8	Dec 18, 2025	$1,480,300	15,445	11,449	6.7 mi	63
DE-528846 Dirt · Power at road	151.7	Apr 13, 2024	$1,926,400	12,698	11,314	4.4 mi	62
DE-258536 Gravel · Full utilities	121.2	May 18, 2024	$2,477,400	20,442	12,062	6.4 mi	61

Show adjustment detail for the top comp

Tract size (264.43 ac → 306.77 ac)-4.2%
Utilities (Power at road → Off grid)-15.0%

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