Comparable sales & offer analysis
Parcel DE-228212
New Castle County, DE · 95.84 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,693,700
Adjusted value
$1,473,408
Value range
$1,226,443–$1,720,373
Comp $/acre
$15,374/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.0% versus the adjusted value.
Offer position
Max allowable offer
$841,947
Offer $/acre
$8,785/ac
Projected profit
$442,022
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-318445 | 113.5 | Jul 27, 2026 | $2,079,100 | 18,324 | 13,576 | 77 |
| DE-289478 | 239.8 | Jul 27, 2026 | $3,475,400 | 14,493 | 18,643 | 77 |
| DE-799613 | 264.4 | Jul 27, 2026 | $3,121,200 | 11,803 | 13,428 | 70 |
| DE-528846 | 151.7 | Apr 13, 2024 | $1,926,400 | 12,698 | 15,766 | 69 |
| DE-417403 | 53.3 | Jul 28, 2024 | $552,200 | 10,352 | 11,654 | 69 |
| DE-139717 | 285.1 | Jul 27, 2026 | $4,160,300 | 14,591 | 13,905 | 67 |
| DE-779818 | 306.8 | Jul 27, 2026 | $4,418,600 | 14,403 | 20,125 | 67 |
| DE-258536 | 121.2 | May 18, 2024 | $2,477,400 | 20,442 | 16,809 | 64 |
| DE-336558 | 28.9 | May 4, 2025 | $496,000 | 17,150 | 14,421 | 63 |
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.