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Northeastern Connecticut Planning Region County, CT · Sold

CT-606053

5582 County Road 218

$740,200
$36,899/ac · 20.06 ac
Acreage20.06 ac
Price per acre$36,899/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedDec 4, 2024
Coordinates41.7568, -72.0603
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

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

View Northeastern Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

633 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area11.78 of 20.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$637,220
$458,798$815,641 · $31,766/ac on 20.06 ac
Asking vs estimate
+16.2%
Priced above the comp set

Weighted from 6 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 $740,200
Maximum allowable offer
$364,125
$18,152/ac · +30.0% target margin

You need $376,075 off asking to hit this margin.

All-in cost$395,076
Net resale$586,242
Projected profit$191,166
ROI+48.4%
Annualized+69.3%
Break-even resale$21,407/ac
Profit if resale lands off target
-20%
$73,918
-10%
$132,542
0%
$191,166
+10%
$249,791
+20%
$308,415
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-575737
Paved · Off grid
15.9Jul 15, 2026$511,60032,07438,0955.8 mi
85
CT-444821
Gravel · Full utilities
8.2Feb 23, 2026$413,20050,27047,0309.5 mi
70
CT-975555
Landlocked · Off grid
14.0Jul 20, 2025$196,20014,03329,6978.6 mi
70
CT-267616
Dirt · Power at road
62.2Sep 4, 2025$808,60012,99423,3064.1 mi
63
CT-614472
Dirt · Power at road
6.4Feb 27, 2025$107,60016,87122,9397.6 mi
58
CT-324554
Landlocked · Off grid
6.8Dec 8, 2024$79,80011,78524,13212.9 mi
55
Show adjustment detail for the top comp
  • Tract size (15.95 ac → 20.06 ac)-2.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.