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Lower Connecticut River Valley Planning Region County, CT · Sold

CT-121624

187 County Road 228

$15,500
$19,136/ac · 0.81 ac
Acreage0.81 ac
Price per acre$19,136/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJun 6, 2025
Coordinates41.4513, -72.5066
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

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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

117 ft of deeded road frontage.

Power12,430 ft away

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

Buildable area0.74 of 0.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,977
$13,901$22,053 · $22,194/ac on 0.81 ac
Asking vs estimate
-13.8%
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 $15,500
Maximum allowable offer
$10,272
$12,682/ac · +30.0% target margin

You need $5,228 off asking to hit this margin.

All-in cost$11,145
Net resale$16,539
Projected profit$5,394
ROI+48.4%
Annualized+69.3%
Break-even resale$14,956/ac
Profit if resale lands off target
-20%
$2,086
-10%
$3,740
0%
$5,394
+10%
$7,047
+20%
$8,701
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-691581
Landlocked · Off grid
0.8Mar 17, 2025$10,50013,31217,8330.0 mi
86
CT-151624
Gravel · Power at road
0.8Apr 30, 2025$29,30036,18327,8873.4 mi
83
CT-131018
Gravel · Off grid
0.5Dec 30, 2025$12,30023,73820,8874.7 mi
75
CT-912561
Landlocked · Off grid
1.6May 8, 2025$20,40012,74317,1155.0 mi
72
CT-362933
Dirt · Off grid
2.1Jan 10, 2026$32,30015,45516,0493.9 mi
72
CT-401207
Landlocked · Full utilities
0.6Feb 21, 2025$12,50020,81319,4374.2 mi
71
CT-422625
Dirt · Off grid
1.7May 20, 2025$46,60027,89129,6025.9 mi
70
CT-720734
Dirt · Power at road
0.4Oct 2, 2024$11,60026,97524,6315.0 mi
66
CT-150854
Paved · Power at road
0.5Jul 30, 2024$13,50029,26619,6156.0 mi
63
CT-723129
Gravel · Off grid
2.4Sep 8, 2024$77,30032,07730,3164.3 mi
61
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Market time (17 mo)+5.9%

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.