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Sussex County, DE · Sold

DE-449536

4311 County Road 268

$1,600,000
$6,398/ac · 250 ac
Acreage250 ac
Price per acre$6,398/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedAug 4, 2025
Coordinates38.5998, -75.4168
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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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power99 ft away

Power at or near the road.

Buildable area190.78 of 250.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,520,920
$1,312,339$1,729,501 · $6,081/ac on 250 ac
Asking vs estimate
+5.2%
Priced above the comp set

Weighted from 5 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 $1,600,000
Maximum allowable offer
$869,097
$3,475/ac · +30.0% target margin

You need $730,903 off asking to hit this margin.

All-in cost$942,970
Net resale$1,399,247
Projected profit$456,277
ROI+48.4%
Annualized+69.2%
Break-even resale$4,098/ac
Profit if resale lands off target
-20%
$176,427
-10%
$316,352
0%
$456,277
+10%
$596,201
+20%
$736,126
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-629386
Dirt · Power at road
224.3Jul 27, 2026$899,7004,0105,3474.8 mi
90
DE-219392
Landlocked · Off grid
225.3Sep 17, 2025$714,0003,1696,52111.2 mi
78
DE-128241
Gravel · Power at road
97.9Feb 20, 2025$589,6006,0245,8764.4 mi
64
DE-348495
Gravel · Power at road
117.7Feb 4, 2025$620,6005,2755,39711.2 mi
62
DE-547319
Dirt · Power at road
50.2Nov 27, 2024$394,2007,8547,74311.8 mi
53
Show adjustment detail for the top comp
  • Tract size (224.33 ac → 250.09 ac)-3.0%
  • Access (Dirt → Paved)+37.2%

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.