DE-377072
979 County Road 227
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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?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Steep ground — expect meaningful site work to build.
Outside the mapped floodplain.
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 10 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 $64,101 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| DE-647078 Gravel · Off grid | 42.1 | Jul 27, 2026 | $265,900 | 6,308 | 5,061 | 5.1 mi | 86 |
| DE-516733 Landlocked · Full utilities | 32.8 | Jun 11, 2026 | $188,400 | 5,737 | 4,537 | 11.5 mi | 79 |
| DE-947119 Dirt · Power at road | 43.4 | Apr 6, 2025 | $356,100 | 8,202 | 6,900 | 9.4 mi | 75 |
| DE-547319 Dirt · Power at road | 50.2 | Nov 27, 2024 | $394,200 | 7,854 | 6,893 | 7.1 mi | 72 |
| DE-246999 Gravel · Power at road | 39.8 | Jul 30, 2024 | $441,800 | 11,101 | 8,118 | 9.3 mi | 72 |
| DE-746348 Landlocked · Power at road | 24.8 | May 20, 2025 | $159,300 | 6,413 | 6,185 | 11.9 mi | 69 |
| DE-836019 Landlocked · Power at road | 19.6 | Nov 8, 2024 | $189,400 | 9,677 | 9,227 | 5.8 mi | 67 |
| DE-128241 Gravel · Power at road | 97.9 | Feb 20, 2025 | $589,600 | 6,024 | 5,231 | 2.7 mi | 66 |
| DE-348495 Gravel · Power at road | 117.7 | Feb 4, 2025 | $620,600 | 5,275 | 4,804 | 9.0 mi | 61 |
| DE-885457 Dirt · Full utilities | 13.0 | Oct 31, 2024 | $132,000 | 10,134 | 5,991 | 8.6 mi | 56 |
Show adjustment detail for the top comp
- Access (Gravel → Landlocked)-32.0%
- Utilities (Off grid → Power at road)+17.6%
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.