Sussex County, DE · Sold

DE-531429

2174 County Road 88

$6,200

$8,857/ac · 0.70 ac

Offer report Market this tract

Acreage0.70 ac

Price per acre$8,857/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedJul 22, 2025

Coordinates38.7058, -75.2256

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County GIS boundary

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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

Low risk

Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope10.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

131 ft of deeded road frontage.

Power114 ft away

Power at or near the road.

Buildable area0.61 of 0.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$7,683

$6,624 – $8,743 · $10,976/ac on 0.70 ac

Asking vs estimate

-19.3%

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 $6,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$4,390

$6,272/ac · +30.0% target margin

You need $1,810 off asking to hit this margin.

All-in cost$4,763

Net resale$7,068

Projected profit$2,305

ROI+48.4%

Annualized+69.3%

Break-even resale$7,396/ac

Profit if resale lands off target

-20%

$892

-10%

$1,598

$2,305

+10%

$3,012

+20%

$3,719

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-550974 Dirt · Full utilities	0.5	Jul 27, 2026	$5,400	10,520	8,624	5.9 mi	87
DE-631499 Dirt · Off grid	0.7	May 15, 2026	$6,600	8,969	10,669	11.6 mi	82
DE-391277 Landlocked · Power at road	0.6	Jul 27, 2026	$4,300	6,867	8,697	11.0 mi	82
DE-422066 Landlocked · Off grid	1.1	May 18, 2026	$8,500	7,598	11,470	1.0 mi	79
DE-440408 Gravel · Power at road	0.3	Jul 27, 2026	$5,100	15,080	12,948	12.4 mi	76
DE-151645 Landlocked · Full utilities	0.8	Apr 17, 2025	$7,500	9,151	10,029	5.1 mi	74
DE-321015 Dirt · Power at road	0.5	Apr 18, 2025	$6,300	12,088	12,738	11.1 mi	72
DE-792088 Paved · Off grid	1.1	Dec 17, 2024	$14,900	13,158	12,123	6.7 mi	66
DE-802815 Gravel · Power at road	1.9	Feb 18, 2025	$24,200	12,580	11,639	5.7 mi	62
DE-893095 Landlocked · Off grid	2.4	Sep 15, 2024	$17,200	7,299	11,933	5.0 mi	57

Show adjustment detail for the top comp

Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV