Sussex County, DE · Sold

DE-154770

5379 County Road 396

$65,800

$8,308/ac · 7.92 ac

Offer report Market this tract

Acreage7.92 ac

Price per acre$8,308/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedNov 17, 2025

Coordinates38.7238, -75.4036

Loading terrain…

County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

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

Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1 ft away

Power at or near the road.

Buildable area7.35 of 7.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$83,149

$59,867 – $106,430 · $10,499/ac on 7.92 ac

Asking vs estimate

-20.9%

Priced below 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 $65,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$47,513

$5,999/ac · +30.0% target margin

You need $18,287 off asking to hit this margin.

All-in cost$51,552

Net resale$76,497

Projected profit$24,945

ROI+48.4%

Annualized+69.3%

Break-even resale$7,075/ac

Profit if resale lands off target

-20%

$9,646

-10%

$17,295

$24,945

+10%

$32,595

+20%

$40,244

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
DE-513820 Dirt · Off grid	4.0	Jul 27, 2026	$55,100	13,837	15,752	1.0 mi	80
DE-745214 Landlocked · Power at road	10.9	Mar 5, 2025	$62,800	5,752	7,908	3.4 mi	78
DE-465291 Landlocked · Full utilities	11.6	Dec 12, 2024	$67,500	5,843	6,676	7.1 mi	67
DE-885457 Dirt · Full utilities	13.0	Oct 31, 2024	$132,000	10,134	9,300	9.1 mi	66
DE-836019 Landlocked · Power at road	19.6	Nov 8, 2024	$189,400	9,677	14,325	3.2 mi	64
DE-103472 Gravel · Off grid	3.1	May 8, 2024	$25,100	8,114	8,609	3.1 mi	60
DE-746348 Landlocked · Power at road	24.8	May 20, 2025	$159,300	6,413	9,602	10.8 mi	59
DE-893095 Landlocked · Off grid	2.4	Sep 15, 2024	$17,200	7,299	11,153	4.8 mi	57

Show adjustment detail for the top comp

Tract size (3.98 ac → 7.92 ac)-3.4%
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.

Build the listing kit Post a deal or JV