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Greater Bridgeport Planning Region County, CT · Sold

CT-859863

238 County Road 343

$3,715,100
$11,722/ac · 317 ac
Acreage317 ac
Price per acre$11,722/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 10, 2025
Coordinates41.1936, -73.1358
Loading terrain…
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

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

View Greater Bridgeport Planning Region market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope25.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,424 ft of deeded road frontage.

Power12,360 ft away

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

Buildable area180.65 of 316.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,483,553
$3,690,540$5,276,565 · $14,147/ac on 317 ac
Asking vs estimate
-17.1%
Priced below the comp set

Weighted from 5 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 $3,715,100
Maximum allowable offer
$2,562,030
$8,084/ac · +30.0% target margin

You need $1,153,070 off asking to hit this margin.

All-in cost$2,779,803
Net resale$4,124,868
Projected profit$1,345,066
ROI+48.4%
Annualized+69.2%
Break-even resale$9,534/ac
Profit if resale lands off target
-20%
$520,092
-10%
$932,579
0%
$1,345,066
+10%
$1,757,553
+20%
$2,170,040
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-289752
Gravel · Full utilities
292.4Jul 27, 2026$6,994,80023,91914,0315.0 mi
84
CT-479562
Gravel · Full utilities
254.8Jul 27, 2026$6,360,50024,95914,0714.1 mi
83
CT-758446
Gravel · Off grid
113.5Nov 18, 2025$3,105,30027,34918,2854.5 mi
72
CT-498237
Gravel · Off grid
97.6Jun 7, 2026$2,202,60022,57014,2053.5 mi
71
CT-898801
Gravel · Power at road
146.8Oct 21, 2024$2,338,20015,92310,0980.8 mi
70
Show adjustment detail for the top comp
  • Tract size (292.44 ac → 316.93 ac)-2.3%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.