Comparable sales & offer analysis
Parcel DE-318445
New Castle County, DE · 113 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,514,000
Adjusted value
$2,453,315
Value range
$2,061,085–$2,845,545
Comp $/acre
$21,623/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.5% versus the adjusted value.
Offer position
Max allowable offer
$1,401,894
Offer $/acre
$12,356/ac
Projected profit
$735,995
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-258536 | 121.2 | May 18, 2024 | $2,477,400 | 20,442 | 22,865 | 84 |
| DE-799613 | 264.4 | Jul 27, 2026 | $3,121,200 | 11,803 | 18,267 | 73 |
| DE-139717 | 285.1 | Jul 27, 2026 | $4,160,300 | 14,591 | 18,916 | 73 |
| DE-228212 | 95.8 | Dec 18, 2025 | $1,480,300 | 15,445 | 21,710 | 72 |
| DE-779818 | 306.8 | Jul 27, 2026 | $4,418,600 | 14,403 | 27,376 | 72 |
| DE-289478 | 239.8 | Jul 27, 2026 | $3,475,400 | 14,493 | 25,361 | 70 |
| DE-528846 | 151.7 | Apr 13, 2024 | $1,926,400 | 12,698 | 21,448 | 65 |
| DE-417403 | 53.3 | Jul 28, 2024 | $552,200 | 10,352 | 15,853 | 58 |
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.