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Capitol Planning Region County, CT · Sold

CT-908863

4373 County Road 16

$1,155,700
$7,525/ac · 154 ac
Acreage154 ac
Price per acre$7,525/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedFeb 22, 2025
Coordinates41.8424, -72.6643
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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

Capitol Planning Region County, Connecticut. Scarce buildable inland lots; approvals matter more than acreage.

View Capitol Planning Region market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands22.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,772 ft of deeded road frontage.

Power104 ft away

Power at or near the road.

Buildable area112.64 of 153.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,667,598
$1,369,804$1,965,392 · $10,857/ac on 154 ac
Asking vs estimate
-30.7%
Priced below the comp set

Weighted from 9 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 $1,155,700
Maximum allowable offer
$952,913
$6,204/ac · +30.0% target margin

You need $202,787 off asking to hit this margin.

All-in cost$1,033,911
Net resale$1,534,190
Projected profit$500,280
ROI+48.4%
Annualized+69.2%
Break-even resale$7,317/ac
Profit if resale lands off target
-20%
$193,441
-10%
$346,861
0%
$500,280
+10%
$653,699
+20%
$807,118
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-958322
Paved · Power at road
103.8Apr 5, 2026$1,254,60012,0889,3987.7 mi
76
CT-647459
Dirt · Off grid
55.5Jul 27, 2026$521,2009,38510,0776.3 mi
74
CT-228181
Dirt · Off grid
93.7Feb 16, 2026$698,8007,4579,1774.4 mi
74
CT-487211
Gravel · Power at road
46.4Apr 21, 2026$905,40019,50914,9342.5 mi
73
CT-277836
Paved · Off grid
73.0Jul 27, 2026$899,30012,32110,23210.7 mi
71
CT-619126
Gravel · Off grid
185.8Mar 1, 2024$1,359,4007,31610,00011.6 mi
68
CT-527169
Gravel · Power at road
45.0Dec 31, 2024$770,50017,11413,7283.6 mi
64
CT-787502
Dirt · Power at road
57.3Oct 4, 2024$615,70010,74610,6217.0 mi
60
CT-957192
Paved · Power at road
45.8Aug 16, 2024$636,80013,9109,6278.0 mi
57
Show adjustment detail for the top comp
  • Tract size (103.79 ac → 153.59 ac)-9.6%
  • Access (Paved → Gravel)-15.3%
  • Market time (4 mo)+1.5%

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.