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Sussex County, DE · Sold

DE-746348

9086 County Road 320

$193,800
$7,802/ac · 24.84 ac
Acreage24.84 ac
Price per acre$7,802/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMar 6, 2025
Coordinates38.6376, -75.2373
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
28
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power163 ft away

Power at or near the road.

Buildable area23.50 of 24.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$161,460
$118,339$204,581 · $6,500/ac on 24.84 ac
Asking vs estimate
+20.0%
Priced above the comp set

Weighted from 10 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 $193,800
Maximum allowable offer
$92,263
$3,714/ac · +30.0% target margin

You need $101,537 off asking to hit this margin.

All-in cost$100,105
Net resale$148,543
Projected profit$48,438
ROI+48.4%
Annualized+69.2%
Break-even resale$4,380/ac
Profit if resale lands off target
-20%
$18,729
-10%
$33,584
0%
$48,438
+10%
$63,292
+20%
$78,146
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
DE-516733
Landlocked · Full utilities
32.8Jun 11, 2026$188,4005,7374,9492.2 mi
84
DE-647078
Gravel · Off grid
42.1Jul 27, 2026$265,9006,3085,5217.7 mi
80
DE-836019
Landlocked · Power at road
19.6Nov 8, 2024$189,4009,67710,0659.3 mi
77
DE-246999
Gravel · Power at road
39.8Jul 30, 2024$441,80011,1018,8556.5 mi
71
DE-947119
Dirt · Power at road
43.4Apr 6, 2025$356,1008,2027,5276.1 mi
69
DE-154770
Dirt · Power at road
7.9Jul 27, 2026$68,8008,6906,12010.8 mi
68
DE-885457
Dirt · Full utilities
13.0Oct 31, 2024$132,00010,1346,5356.8 mi
67
DE-465291
Landlocked · Full utilities
11.6Dec 12, 2024$67,5005,8434,6914.2 mi
67
DE-377072
Landlocked · Power at road
42.0Nov 27, 2024$180,5004,3015,03011.9 mi
66
DE-745214
Landlocked · Power at road
10.9Mar 5, 2025$62,8005,7525,55610.4 mi
64
Show adjustment detail for the top comp
  • Tract size (32.83 ac → 24.84 ac)+4.4%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (2 mo)+0.8%

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.