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Sussex County, DE · Sold

DE-792088

1213 County Road 389

$14,000
$12,389/ac · 1.13 ac
Acreage1.13 ac
Price per acre$12,389/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJan 14, 2024
Coordinates38.6878, -75.3468
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

1 item to verify before you offer.

Risk index
6
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

95 ft of deeded road frontage.

Power1,440 ft away

Service extension needed; get a utility quote.

Buildable area1.02 of 1.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,135
$12,192$16,079 · $12,509/ac on 1.13 ac
Asking vs estimate
-1.0%
In line with 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 $14,000
Maximum allowable offer
$8,077
$7,148/ac · +30.0% target margin

You need $5,923 off asking to hit this margin.

All-in cost$8,764
Net resale$13,004
Projected profit$4,241
ROI+48.4%
Annualized+69.3%
Break-even resale$8,430/ac
Profit if resale lands off target
-20%
$1,640
-10%
$2,940
0%
$4,241
+10%
$5,541
+20%
$6,842
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-422066
Landlocked · Off grid
1.1May 18, 2026$8,5007,59813,3186.0 mi
85
DE-631499
Dirt · Off grid
0.7May 15, 2026$6,6008,96912,3885.9 mi
82
DE-531429
Dirt · Power at road
0.7Jul 17, 2026$6,6009,37110,9176.7 mi
76
DE-391277
Landlocked · Power at road
0.6Jul 27, 2026$4,3006,86710,0986.2 mi
76
DE-550974
Dirt · Full utilities
0.5Jul 27, 2026$5,40010,52010,0144.8 mi
73
DE-802815
Gravel · Power at road
1.9Feb 18, 2025$24,20012,58013,5154.1 mi
72
DE-151645
Landlocked · Full utilities
0.8Apr 17, 2025$7,5009,15111,6456.1 mi
71
DE-440408
Gravel · Power at road
0.3Jul 27, 2026$5,10015,08015,0355.8 mi
69
DE-321015
Dirt · Power at road
0.5Apr 18, 2025$6,30012,08814,7906.1 mi
68
DE-893095
Landlocked · Off grid
2.4Sep 15, 2024$17,2007,29913,8563.3 mi
66
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Market time (3 mo)+1.0%

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.