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Comparable sales & offer analysis

Parcel DE-246999

Sussex County, DE · 39.80 ac · Mixed Use · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$534,900
Adjusted value
$349,400
Value range
$268,186–$430,613
Comp $/acre
$8,779/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +53.1% versus the adjusted value.

Offer position

Max allowable offer
$199,657
Offer $/acre
$5,017/ac
Projected profit
$104,820
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
DE-64707842.1Jul 27, 2026$265,9006,3087,51690
DE-51673332.8Jun 11, 2026$188,4005,7376,73782
DE-74634824.8May 20, 2025$159,3006,4139,18574
DE-94711943.4Apr 6, 2025$356,1008,20210,24774
DE-54731950.2Nov 27, 2024$394,2007,85410,23674
DE-37707242.0Nov 27, 2024$180,5004,3016,84873
DE-83601919.6Nov 8, 2024$189,4009,67713,70270
DE-348495117.7Feb 4, 2025$620,6005,2757,13468
DE-12824197.9Feb 20, 2025$589,6006,0247,76864
DE-88545713.0Oct 31, 2024$132,00010,1348,89660
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.