Greater Bridgeport Planning Region County, CT · Sold

CT-758446

4792 County Road 232

$2,937,800

$25,875/ac · 114 ac

Offer report Market this tract

Acreage114 ac

Price per acre$25,875/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedMar 17, 2025

Coordinates41.2206, -73.2141

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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

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands7.8% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,608 ft away

Service extension needed; get a utility quote.

Buildable area99.45 of 113.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,177,876

$1,915,057 – $2,440,695 · $19,182/ac on 114 ac

Asking vs estimate

+34.9%

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 $2,937,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,244,500

$10,961/ac · +30.0% target margin

You need $1,693,300 off asking to hit this margin.

All-in cost$1,350,283

Net resale$2,003,646

Projected profit$653,363

ROI+48.4%

Annualized+69.2%

Break-even resale$12,927/ac

Profit if resale lands off target

-20%

$252,634

-10%

$452,999

$653,363

+10%

$853,728

+20%

$1,054,092

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-498237 Gravel · Off grid	97.6	Jun 7, 2026	$2,202,600	22,570	21,908	2.8 mi	88
CT-898801 Gravel · Power at road	146.8	Oct 21, 2024	$2,338,200	15,923	15,574	3.8 mi	78
CT-289752 Gravel · Full utilities	292.4	Jul 27, 2026	$6,994,800	23,919	21,639	2.8 mi	76
CT-479562 Gravel · Full utilities	254.8	Jul 27, 2026	$6,360,500	24,959	21,701	5.2 mi	76
CT-859863 Dirt · Off grid	316.9	Feb 19, 2026	$3,455,000	10,902	17,156	4.5 mi	74
CT-597892 Dirt · Full utilities	76.0	Feb 3, 2026	$1,920,100	25,261	18,986	6.6 mi	73
CT-286735 Dirt · Off grid	32.9	Jul 27, 2026	$598,200	18,200	16,286	4.3 mi	71
CT-306729 Gravel · Full utilities	32.7	Oct 26, 2025	$1,210,200	36,975	20,433	1.4 mi	68
CT-846946 Dirt · Full utilities	38.3	Jun 24, 2025	$1,157,900	30,233	20,239	4.2 mi	67
CT-966980 Landlocked · Power at road	39.3	Jun 21, 2025	$651,500	16,593	17,222	3.0 mi	63

Show adjustment detail for the top comp

Tract size (97.59 ac → 113.54 ac)-3.7%
Market time (2 mo)+0.8%

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.

Build the listing kit Post a deal or JV