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Sussex County, DE · Sold

DE-103472

2660 County Road 216

$23,300
$7,540/ac · 3.09 ac
Acreage3.09 ac
Price per acre$7,540/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedDec 12, 2023
Coordinates38.6795, -75.4175
Loading terrain…
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

Sussex County, Delaware. Small coastal-adjacent tracts with strong residential conversion demand.

View Sussex market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope10.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

131 ft of deeded road frontage.

Power5,374 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.81 of 3.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,894
$29,689$44,099 · $11,940/ac on 3.09 ac
Asking vs estimate
-36.8%
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 $23,300
Maximum allowable offer
$21,082
$6,823/ac · +30.0% target margin

You need $2,218 off asking to hit this margin.

All-in cost$22,874
Net resale$33,943
Projected profit$11,069
ROI+48.4%
Annualized+69.3%
Break-even resale$8,046/ac
Profit if resale lands off target
-20%
$4,280
-10%
$7,674
0%
$11,069
+10%
$14,463
+20%
$17,857
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-513820
Dirt · Off grid
4.0Jul 27, 2026$55,10013,83716,2632.2 mi
85
DE-154770
Dirt · Power at road
7.9Jul 27, 2026$68,8008,6908,9923.1 mi
73
DE-893095
Landlocked · Off grid
2.4Sep 15, 2024$17,2007,29911,5156.5 mi
70
DE-802815
Gravel · Power at road
1.9Feb 18, 2025$24,20012,58011,2317.0 mi
69
DE-422066
Landlocked · Off grid
1.1May 18, 2026$8,5007,59811,0689.9 mi
68
DE-792088
Paved · Off grid
1.1Dec 17, 2024$14,90013,15811,6983.9 mi
63
Show adjustment detail for the top comp
  • Tract size (3.98 ac → 3.09 ac)+0.9%
  • Access (Dirt → Gravel)+16.3%

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.