Lower Connecticut River Valley Planning Region County, CT · Sold

CT-404888

2740 County Road 221

$187,200

$21,692/ac · 8.63 ac

Offer report Market this tract

Acreage8.63 ac

Price per acre$21,692/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyWooded

ListedFeb 26, 2024

Coordinates41.4426, -72.4381

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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

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

View Lower Connecticut River Valley Planning Region market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

303 ft of deeded road frontage.

Power203 ft away

Power at or near the road.

Buildable area7.02 of 8.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$205,995

$186,725 – $225,266 · $23,870/ac on 8.63 ac

Asking vs estimate

-9.1%

Priced below 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 $187,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$117,712

$13,640/ac · +30.0% target margin

You need $69,488 off asking to hit this margin.

All-in cost$127,718

Net resale$189,516

Projected profit$61,798

ROI+48.4%

Annualized+69.2%

Break-even resale$16,086/ac

Profit if resale lands off target

-20%

$23,895

-10%

$42,847

$61,798

+10%

$80,750

+20%

$99,701

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-445294 Gravel · Power at road	11.6	Jul 9, 2026	$323,100	27,923	24,689	2.1 mi	84
CT-225572 Dirt · Power at road	14.2	May 29, 2026	$344,000	24,290	25,581	7.0 mi	79
CT-435502 Gravel · Power at road	13.5	Aug 27, 2024	$313,500	23,288	22,517	3.2 mi	74
CT-955796 Dirt · Full utilities	16.6	Feb 21, 2026	$457,400	27,473	24,403	6.0 mi	73
CT-966508 Dirt · Full utilities	27.9	Jul 27, 2026	$748,400	26,834	25,090	4.2 mi	73
CT-476415 Dirt · Full utilities	26.1	May 9, 2026	$782,700	30,023	28,038	2.2 mi	72
CT-734715 Dirt · Full utilities	7.6	Aug 10, 2024	$207,200	27,232	24,004	9.4 mi	72
CT-504223 Gravel · Full utilities	5.3	Jun 5, 2025	$166,700	31,276	22,502	4.0 mi	69
CT-733756 Gravel · Power at road	3.8	Sep 12, 2025	$96,900	25,501	21,829	4.7 mi	68
CT-776557 Paved · Off grid	28.9	Apr 5, 2025	$536,900	18,578	19,274	0.3 mi	67

Show adjustment detail for the top comp

Tract size (11.57 ac → 8.63 ac)+2.4%
Access (Gravel → Dirt)-14.0%
Market time (1 mo)+0.4%

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