Lower Connecticut River Valley Planning Region County, CT · Sold

CT-445294

906 County Road 198

$378,300

$32,697/ac · 11.57 ac

Offer report Market this tract

Acreage11.57 ac

Price per acre$32,697/ac

ZoningUnzoned

Road accessGravel

UtilitiesPower at road

TopographyMixed

ListedMay 7, 2025

Coordinates41.4711, -72.4531

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power30 ft away

Power at or near the road.

Buildable area10.72 of 11.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$306,821

$271,191 – $342,450 · $26,519/ac on 11.57 ac

Asking vs estimate

+23.3%

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 $378,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$175,326

$15,154/ac · +30.0% target margin

You need $202,974 off asking to hit this margin.

All-in cost$190,229

Net resale$282,275

Projected profit$92,046

ROI+48.4%

Annualized+69.2%

Break-even resale$17,871/ac

Profit if resale lands off target

-20%

$35,591

-10%

$63,819

$92,046

+10%

$120,274

+20%

$148,501

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-225572 Dirt · Power at road	14.2	May 29, 2026	$344,000	24,290	29,055	7.9 mi	81
CT-435502 Gravel · Power at road	13.5	Aug 27, 2024	$313,500	23,288	25,575	4.8 mi	77
CT-955796 Dirt · Full utilities	16.6	Feb 21, 2026	$457,400	27,473	27,717	6.5 mi	74
CT-404888 Dirt · Power at road	8.6	Dec 8, 2024	$198,200	22,972	27,939	2.1 mi	74
CT-476415 Dirt · Full utilities	26.1	May 9, 2026	$782,700	30,023	31,846	2.7 mi	73
CT-966508 Dirt · Full utilities	27.9	Jul 27, 2026	$748,400	26,834	28,497	5.7 mi	72
CT-566657 Dirt · Off grid	31.1	Jul 27, 2026	$424,700	13,669	21,195	5.7 mi	71
CT-733756 Gravel · Power at road	3.8	Sep 12, 2025	$96,900	25,501	24,793	2.7 mi	69
CT-504223 Gravel · Full utilities	5.3	Jun 5, 2025	$166,700	31,276	25,557	5.8 mi	68
CT-776557 Paved · Off grid	28.9	Apr 5, 2025	$536,900	18,578	21,892	2.3 mi	64

Show adjustment detail for the top comp

Tract size (14.16 ac → 11.57 ac)+2.0%
Access (Dirt → Gravel)+16.3%
Market time (3 mo)+0.9%

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.

Build the listing kit Post a deal or JV