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Sussex County, DE · Sold

DE-836019

7989 County Road 252

$182,800
$9,341/ac · 19.57 ac
Acreage19.57 ac
Price per acre$9,341/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedSep 24, 2023
Coordinates38.7406, -75.3476
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope20.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power43 ft away

Power at or near the road.

Buildable area11.72 of 19.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$124,014
$99,458$148,570 · $6,337/ac on 19.57 ac
Asking vs estimate
+47.4%
Priced above 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 $182,800
Maximum allowable offer
$70,865
$3,621/ac · +30.0% target margin

You need $111,935 off asking to hit this margin.

All-in cost$76,889
Net resale$114,093
Projected profit$37,205
ROI+48.4%
Annualized+69.3%
Break-even resale$4,271/ac
Profit if resale lands off target
-20%
$14,386
-10%
$25,795
0%
$37,205
+10%
$48,614
+20%
$60,023
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-746348
Landlocked · Power at road
24.8May 20, 2025$159,3006,4136,9699.3 mi
79
DE-647078
Gravel · Off grid
42.1Jul 27, 2026$265,9006,3085,7036.7 mi
77
DE-516733
Landlocked · Full utilities
32.8Jun 11, 2026$188,4005,7375,1117.9 mi
77
DE-154770
Dirt · Power at road
7.9Jul 27, 2026$68,8008,6906,3213.2 mi
75
DE-745214
Landlocked · Power at road
10.9Mar 5, 2025$62,8005,7525,7391.2 mi
73
DE-246999
Gravel · Power at road
39.8Jul 30, 2024$441,80011,1019,1464.1 mi
69
DE-885457
Dirt · Full utilities
13.0Oct 31, 2024$132,00010,1346,7499.8 mi
69
DE-465291
Landlocked · Full utilities
11.6Dec 12, 2024$67,5005,8434,8456.5 mi
68
DE-377072
Landlocked · Power at road
42.0Nov 27, 2024$180,5004,3015,1955.8 mi
67
DE-547319
Dirt · Power at road
50.2Nov 27, 2024$394,2007,8547,7661.4 mi
65
Show adjustment detail for the top comp
  • Tract size (24.84 ac → 19.57 ac)+3.3%
  • Market time (15 mo)+5.2%

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.