Sussex County, DE · Sold

DE-321015

9362 County Road 147

$6,900

$13,269/ac · 0.52 ac

Offer report Market this tract

Acreage0.52 ac

Price per acre$13,269/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedJul 13, 2024

Coordinates38.7540, -75.4223

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

162 ft of deeded road frontage.

Power90 ft away

Power at or near the road.

Buildable area0.44 of 0.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,422

$4,636 – $6,207 · $10,426/ac on 0.52 ac

Asking vs estimate

+27.3%

Priced above the comp set

Weighted from 8 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 $6,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,098

$5,958/ac · +30.0% target margin

You need $3,802 off asking to hit this margin.

All-in cost$3,361

Net resale$4,988

Projected profit$1,627

ROI+48.4%

Annualized+69.3%

Break-even resale$7,026/ac

Profit if resale lands off target

-20%

$629

-10%

$1,128

$1,627

+10%

$2,125

+20%

$2,624

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-550974 Dirt · Full utilities	0.5	Jul 27, 2026	$5,400	10,520	8,641	5.7 mi	88
DE-391277 Landlocked · Power at road	0.6	Jul 27, 2026	$4,300	6,867	8,714	0.3 mi	88
DE-631499 Dirt · Off grid	0.7	May 15, 2026	$6,600	8,969	10,689	1.7 mi	87
DE-531429 Dirt · Power at road	0.7	Jul 17, 2026	$6,600	9,371	9,420	11.1 mi	81
DE-440408 Gravel · Power at road	0.3	Jul 27, 2026	$5,100	15,080	12,973	6.3 mi	80
DE-422066 Landlocked · Off grid	1.1	May 18, 2026	$8,500	7,598	11,492	10.2 mi	69
DE-151645 Landlocked · Full utilities	0.8	Apr 17, 2025	$7,500	9,151	10,048	7.3 mi	67
DE-792088 Paved · Off grid	1.1	Dec 17, 2024	$14,900	13,158	12,146	6.1 mi	66

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