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Addison County, VT · Sold

VT-358575

2105 County Road 40

$1,013,000
$4,063/ac · 249 ac
Acreage249 ac
Price per acre$4,063/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 15, 2024
Coordinates44.0257, -73.1047
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Addison County, Vermont. Wooded hill land with current-use tax enrollment.

View Addison market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands13.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,263 ft of deeded road frontage.

Power9,686 ft away

A long utility run — price in solar/off-grid instead.

Buildable area206.07 of 249.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$765,478
$583,014$947,942 · $3,070/ac on 249 ac
Asking vs estimate
+32.3%
Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,013,000
Maximum allowable offer
$437,416
$1,754/ac · +30.0% target margin

You need $575,584 off asking to hit this margin.

All-in cost$474,596
Net resale$704,240
Projected profit$229,644
ROI+48.4%
Annualized+69.2%
Break-even resale$2,069/ac
Profit if resale lands off target
-20%
$88,796
-10%
$159,220
0%
$229,644
+10%
$300,067
+20%
$370,491
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VT-138478
Paved · Off grid
232.4Jul 5, 2026$587,6002,5282,1103.6 mi
91
VT-968659
Dirt · Off grid
265.0Dec 3, 2025$503,7001,9012,3164.1 mi
82
VT-828117
Dirt · Off grid
178.9May 1, 2026$582,2003,2543,4903.3 mi
81
VT-759900
Paved · Power at road
651.1Jul 27, 2026$2,112,1003,2443,1153.1 mi
77
VT-178015
Dirt · Full utilities
166.2Dec 26, 2025$921,7005,5474,1205.9 mi
73
VT-139014
Dirt · Power at road
342.7Nov 15, 2024$1,177,3003,4353,9972.8 mi
70
VT-917776
Paved · Off grid
139.8Jan 25, 2025$506,3003,6232,7892.9 mi
70
VT-679936
Dirt · Power at road
668.3Jul 27, 2026$1,338,3002,0032,6608.1 mi
69
VT-799792
Gravel · Full utilities
602.1Oct 19, 2023$2,416,7004,0144,0632.9 mi
62
VT-307116
Paved · Off grid
86.7Mar 15, 2025$302,5003,4912,3715.6 mi
62
Show adjustment detail for the top comp
  • Tract size (232.41 ac → 249.33 ac)-2.0%
  • Access (Paved → Gravel)-15.3%
  • Market time (1 mo)+0.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.