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Sussex County, DE · Sold

DE-151645

7601 County Road 103

$7,000
$8,537/ac · 0.82 ac
Acreage0.82 ac
Price per acre$8,537/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedOct 17, 2024
Coordinates38.7624, -75.2874
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
27
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area0.76 of 0.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,613
$7,397$9,828 · $10,504/ac on 0.82 ac
Asking vs estimate
-18.7%
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 $7,000
Maximum allowable offer
$4,922
$6,002/ac · +30.0% target margin

You need $2,078 off asking to hit this margin.

All-in cost$5,340
Net resale$7,924
Projected profit$2,584
ROI+48.4%
Annualized+69.2%
Break-even resale$7,079/ac
Profit if resale lands off target
-20%
$999
-10%
$1,791
0%
$2,584
+10%
$3,376
+20%
$4,168
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-422066
Landlocked · Off grid
1.1May 18, 2026$8,5007,59811,0514.2 mi
86
DE-391277
Landlocked · Power at road
0.6Jul 27, 2026$4,3006,8678,3797.1 mi
83
DE-531429
Dirt · Power at road
0.7Jul 17, 2026$6,6009,3719,0595.1 mi
83
DE-550974
Dirt · Full utilities
0.5Jul 27, 2026$5,40010,5208,3091.7 mi
82
DE-631499
Dirt · Off grid
0.7May 15, 2026$6,6008,96910,2798.4 mi
80
DE-792088
Paved · Off grid
1.1Dec 17, 2024$14,90013,15811,6806.1 mi
69
DE-440408
Gravel · Power at road
0.3Jul 27, 2026$5,10015,08012,47511.0 mi
69
DE-893095
Landlocked · Off grid
2.4Sep 15, 2024$17,2007,29911,4972.8 mi
68
DE-321015
Dirt · Power at road
0.5Apr 18, 2025$6,30012,08812,2737.3 mi
67
DE-802815
Gravel · Power at road
1.9Feb 18, 2025$24,20012,58011,2148.2 mi
61
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.