Sussex County, DE · Sold

DE-802815

6077 County Road 368

$26,600

$13,854/ac · 1.92 ac

Offer report Market this tract

Acreage1.92 ac

Price per acre$13,854/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedJul 3, 2024

Coordinates38.6438, -75.2964

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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

Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope32.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

141 ft of deeded road frontage.

Power68 ft away

Power at or near the road.

Buildable area1.12 of 1.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$24,718

$19,541 – $29,896 · $12,874/ac on 1.92 ac

Asking vs estimate

+7.6%

Priced above the comp set

Weighted from 9 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 $26,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$14,125

$7,357/ac · +30.0% target margin

You need $12,475 off asking to hit this margin.

All-in cost$15,326

Net resale$22,741

Projected profit$7,415

ROI+48.4%

Annualized+69.2%

Break-even resale$8,676/ac

Profit if resale lands off target

-20%

$2,867

-10%

$5,141

$7,415

+10%

$9,689

+20%

$11,963

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-422066 Landlocked · Off grid	1.1	May 18, 2026	$8,500	7,598	13,172	5.7 mi	75
DE-513820 Dirt · Off grid	4.0	Jul 27, 2026	$55,100	13,837	19,354	7.9 mi	73
DE-531429 Dirt · Power at road	0.7	Jul 17, 2026	$6,600	9,371	10,797	5.7 mi	72
DE-792088 Paved · Off grid	1.1	Dec 17, 2024	$14,900	13,158	13,922	4.1 mi	71
DE-631499 Dirt · Off grid	0.7	May 15, 2026	$6,600	8,969	12,252	9.9 mi	71
DE-893095 Landlocked · Off grid	2.4	Sep 15, 2024	$17,200	7,299	13,704	5.9 mi	70
DE-391277 Landlocked · Power at road	0.6	Jul 27, 2026	$4,300	6,867	9,988	10.3 mi	69
DE-103472 Gravel · Off grid	3.1	May 8, 2024	$25,100	8,114	10,578	7.0 mi	66
DE-151645 Landlocked · Full utilities	0.8	Apr 17, 2025	$7,500	9,151	11,517	8.2 mi	61

Show adjustment detail for the top comp

Tract size (1.12 ac → 1.92 ac)-0.8%
Access (Landlocked → Gravel)+47.1%
Utilities (Off grid → Power at road)+17.6%
Market time (3 mo)+1.0%

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