DE-391277
1207 County Road 118
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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.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 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 $1,064 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| DE-631499 Dirt · Off grid | 0.7 | May 15, 2026 | $6,600 | 8,969 | 8,442 | 1.9 mi | 83 |
| DE-531429 Dirt · Power at road | 0.7 | Jul 17, 2026 | $6,600 | 9,371 | 7,440 | 11.0 mi | 82 |
| DE-550974 Dirt · Full utilities | 0.5 | Jul 27, 2026 | $5,400 | 10,520 | 6,824 | 5.6 mi | 82 |
| DE-321015 Dirt · Power at road | 0.5 | Apr 18, 2025 | $6,300 | 12,088 | 10,079 | 0.3 mi | 78 |
| DE-440408 Gravel · Power at road | 0.3 | Jul 27, 2026 | $5,100 | 15,080 | 10,246 | 6.6 mi | 77 |
| DE-422066 Landlocked · Off grid | 1.1 | May 18, 2026 | $8,500 | 7,598 | 9,076 | 10.1 mi | 74 |
| DE-151645 Landlocked · Full utilities | 0.8 | Apr 17, 2025 | $7,500 | 9,151 | 7,936 | 7.1 mi | 74 |
| DE-792088 Paved · Off grid | 1.1 | Dec 17, 2024 | $14,900 | 13,158 | 9,592 | 6.2 mi | 65 |
| DE-802815 Gravel · Power at road | 1.9 | Feb 18, 2025 | $24,200 | 12,580 | 9,210 | 10.3 mi | 59 |
Show adjustment detail for the top comp
- Access (Dirt → Landlocked)-20.9%
- Utilities (Off grid → Power at road)+17.6%
- Market time (3 mo)+1.1%
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.