DE-219392
2345 County Road 123
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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?
5 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
No legal access of record — resale is severely limited.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 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 $465,970 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| DE-629386 Dirt · Power at road | 224.3 | Jul 27, 2026 | $899,700 | 4,010 | 2,698 | 9.6 mi | 88 |
| DE-449536 Paved · Power at road | 250.1 | Nov 10, 2025 | $1,542,400 | 6,167 | 3,212 | 11.2 mi | 79 |
| DE-647078 Gravel · Off grid | 42.1 | Jul 27, 2026 | $265,900 | 6,308 | 2,869 | 7.7 mi | 66 |
| DE-348495 Gravel · Power at road | 117.7 | Feb 4, 2025 | $620,600 | 5,275 | 2,723 | 5.9 mi | 64 |
| DE-128241 Gravel · Power at road | 97.9 | Feb 20, 2025 | $589,600 | 6,024 | 2,965 | 7.3 mi | 62 |
| DE-377072 Landlocked · Power at road | 42.0 | Nov 27, 2024 | $180,500 | 4,301 | 2,614 | 5.4 mi | 61 |
| DE-547319 Dirt · Power at road | 50.2 | Nov 27, 2024 | $394,200 | 7,854 | 3,907 | 2.3 mi | 57 |
| DE-947119 Dirt · Power at road | 43.4 | Apr 6, 2025 | $356,100 | 8,202 | 3,911 | 11.6 mi | 52 |
Show adjustment detail for the top comp
- Access (Dirt → Landlocked)-20.9%
- Utilities (Power at road → Off grid)-15.0%
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.