Comparable sales & offer analysis
Parcel DE-478623
Kent County, DE · 129 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,418,200
Adjusted value
$1,422,391
Value range
$1,141,017–$1,703,766
Comp $/acre
$11,019/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.3% versus the adjusted value.
Offer position
Max allowable offer
$812,795
Offer $/acre
$6,297/ac
Projected profit
$426,717
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| DE-748633 | 130.0 | Mar 27, 2026 | $1,465,100 | 11,269 | 8,310 | 81 |
| DE-929001 | 169.7 | Jul 27, 2026 | $1,320,600 | 7,780 | 10,542 | 76 |
| DE-178148 | 91.5 | May 14, 2026 | $991,600 | 10,837 | 14,859 | 76 |
| DE-477961 | 79.9 | Dec 12, 2025 | $1,168,000 | 14,618 | 10,878 | 73 |
| DE-299476 | 239.4 | Jan 31, 2025 | $2,219,000 | 9,267 | 12,028 | 68 |
| DE-159236 | 201.2 | Jun 23, 2024 | $3,673,000 | 18,252 | 13,310 | 67 |
| DE-779268 | 205.9 | Aug 22, 2024 | $1,625,700 | 7,894 | 9,637 | 66 |
| DE-937063 | 41.7 | Feb 9, 2025 | $427,500 | 10,255 | 8,397 | 60 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.