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Lower Connecticut River Valley Planning Region County, CT · Sold

CT-497054

1970 County Road 242

$1,248,700
$30,147/ac · 41.42 ac
Acreage41.42 ac
Price per acre$30,147/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJan 29, 2024
Coordinates41.4446, -72.5307
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

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,002 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area38.68 of 41.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$997,505
$870,496$1,124,514 · $24,083/ac on 41.42 ac
Asking vs estimate
+25.2%
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 $1,248,700
Maximum allowable offer
$570,003
$13,762/ac · +30.0% target margin

You need $678,697 off asking to hit this margin.

All-in cost$618,453
Net resale$917,705
Projected profit$299,251
ROI+48.4%
Annualized+69.2%
Break-even resale$16,230/ac
Profit if resale lands off target
-20%
$115,710
-10%
$207,481
0%
$299,251
+10%
$391,022
+20%
$482,792
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-966508
Dirt · Full utilities
27.9Jul 27, 2026$748,40026,83425,1454.6 mi
88
CT-476415
Dirt · Full utilities
26.1May 9, 2026$782,70030,02328,1002.7 mi
87
CT-207133
Dirt · Off grid
43.9Jul 4, 2025$673,20015,34823,3111.9 mi
86
CT-566657
Dirt · Off grid
31.1Jul 27, 2026$424,70013,66918,7026.7 mi
82
CT-955796
Dirt · Full utilities
16.6Feb 21, 2026$457,40027,47324,4562.7 mi
74
CT-836813
Gravel · Full utilities
34.8Apr 1, 2025$941,70027,06723,8657.7 mi
74
CT-225572
Dirt · Power at road
14.2May 29, 2026$344,00024,29025,6374.5 mi
72
CT-776557
Paved · Off grid
28.9Apr 5, 2025$536,90018,57819,3174.7 mi
70
CT-108168
Gravel · Power at road
92.8Dec 1, 2025$1,702,20018,33723,5623.5 mi
68
CT-727897
Dirt · Off grid
76.3Sep 18, 2024$1,249,10016,37628,8326.3 mi
66
Show adjustment detail for the top comp
  • Tract size (27.89 ac → 41.42 ac)-6.5%

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.