Comparable sales & offer analysis
Parcel DE-348495
Sussex County, DE · 118 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$600,200
Adjusted value
$806,500
Value range
$655,474–$957,527
Comp $/acre
$6,855/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.6% versus the adjusted value.
Offer position
Max allowable offer
$460,857
Offer $/acre
$3,917/ac
Projected profit
$241,950
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-629386 | 224.3 | Jul 27, 2026 | $899,700 | 4,010 | 5,562 | 76 |
| DE-128241 | 97.9 | Feb 20, 2025 | $589,600 | 6,024 | 6,112 | 75 |
| DE-647078 | 42.1 | Jul 27, 2026 | $265,900 | 6,308 | 5,914 | 72 |
| DE-547319 | 50.2 | Nov 27, 2024 | $394,200 | 7,854 | 8,054 | 69 |
| DE-219392 | 225.3 | Sep 17, 2025 | $714,000 | 3,169 | 6,783 | 68 |
| DE-449536 | 250.1 | Nov 10, 2025 | $1,542,400 | 6,167 | 6,621 | 66 |
| DE-246999 | 39.8 | Jul 30, 2024 | $441,800 | 11,101 | 9,485 | 66 |
| DE-947119 | 43.4 | Apr 6, 2025 | $356,100 | 8,202 | 8,062 | 61 |
| DE-377072 | 42.0 | Nov 27, 2024 | $180,500 | 4,301 | 5,388 | 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.