Comparable sales & offer analysis
Parcel DE-123851
New Castle County, DE · 4.07 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$123,200
Adjusted value
$91,920
Value range
$75,989–$107,850
Comp $/acre
$22,585/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.0% versus the adjusted value.
Offer position
Max allowable offer
$52,526
Offer $/acre
$12,906/ac
Projected profit
$27,576
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-834072 | 4.8 | Jun 19, 2026 | $97,400 | 20,379 | 20,763 | 92 |
| DE-833980 | 4.5 | Jul 27, 2026 | $155,700 | 34,824 | 28,539 | 87 |
| DE-284349 | 5.8 | Jun 22, 2026 | $168,700 | 28,894 | 25,256 | 82 |
| DE-663603 | 3.4 | Oct 14, 2025 | $78,000 | 22,942 | 23,725 | 82 |
| DE-733321 | 2.8 | Jul 27, 2026 | $41,400 | 14,945 | 18,594 | 79 |
| DE-173450 | 3.0 | Sep 14, 2025 | $68,700 | 22,609 | 23,952 | 73 |
| DE-835113 | 10.2 | Jun 24, 2025 | $176,100 | 17,353 | 15,611 | 64 |
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.