DE-647078
3537 County Road 262
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Sussex County, Delaware. Small coastal-adjacent tracts with strong residential conversion demand.
View Sussex market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
572 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $104,707 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| DE-516733 Landlocked · Full utilities | 32.8 | Jun 11, 2026 | $188,400 | 5,737 | 5,666 | 8.0 mi | 78 |
| DE-246999 Gravel · Power at road | 39.8 | Jul 30, 2024 | $441,800 | 11,101 | 10,139 | 7.9 mi | 78 |
| DE-947119 Dirt · Power at road | 43.4 | Apr 6, 2025 | $356,100 | 8,202 | 8,618 | 4.4 mi | 77 |
| DE-377072 Landlocked · Power at road | 42.0 | Nov 27, 2024 | $180,500 | 4,301 | 5,759 | 5.1 mi | 75 |
| DE-746348 Landlocked · Power at road | 24.8 | May 20, 2025 | $159,300 | 6,413 | 7,725 | 7.7 mi | 71 |
| DE-547319 Dirt · Power at road | 50.2 | Nov 27, 2024 | $394,200 | 7,854 | 8,609 | 8.0 mi | 70 |
| DE-128241 Gravel · Power at road | 97.9 | Feb 20, 2025 | $589,600 | 6,024 | 6,533 | 3.0 mi | 67 |
| DE-836019 Landlocked · Power at road | 19.6 | Nov 8, 2024 | $189,400 | 9,677 | 11,524 | 6.7 mi | 66 |
| DE-885457 Dirt · Full utilities | 13.0 | Oct 31, 2024 | $132,000 | 10,134 | 7,482 | 3.6 mi | 63 |
| DE-348495 Gravel · Power at road | 117.7 | Feb 4, 2025 | $620,600 | 5,275 | 6,000 | 7.4 mi | 62 |
Show adjustment detail for the top comp
- Tract size (32.83 ac → 42.15 ac)-4.3%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Full utilities → Off grid)-30.3%
- 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.