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Northeastern Connecticut Planning Region County, CT · Sold

CT-582979

5621 County Road 287

$70,100
$32,454/ac · 2.16 ac
Acreage2.16 ac
Price per acre$32,454/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedApr 30, 2024
Coordinates41.7928, -72.0708
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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands31.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

271 ft of deeded road frontage.

Power13 ft away

Power at or near the road.

Buildable area1.42 of 2.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$72,657
$61,204$84,110 · $33,637/ac on 2.16 ac
Asking vs estimate
-3.5%
In line with the comp set

Weighted from 7 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 $70,100
Maximum allowable offer
$41,518
$19,221/ac · +30.0% target margin

You need $28,582 off asking to hit this margin.

All-in cost$45,047
Net resale$66,844
Projected profit$21,797
ROI+48.4%
Annualized+69.3%
Break-even resale$22,669/ac
Profit if resale lands off target
-20%
$8,428
-10%
$15,113
0%
$21,797
+10%
$28,482
+20%
$35,166
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-472924
Dirt · Off grid
2.1Apr 16, 2024$41,60019,98735,3967.8 mi
75
CT-733455
Landlocked · Off grid
3.0Dec 9, 2025$45,20014,80331,3615.0 mi
75
CT-674004
Gravel · Power at road
4.5Jul 9, 2026$152,10033,43840,5456.2 mi
75
CT-403996
Gravel · Full utilities
4.5Mar 16, 2026$149,00032,97433,1955.6 mi
70
CT-793777
Landlocked · Power at road
3.9Apr 5, 2024$79,90020,70040,1437.9 mi
63
CT-614472
Dirt · Power at road
6.4Feb 27, 2025$107,60016,87125,5617.8 mi
60
CT-324554
Landlocked · Off grid
6.8Dec 8, 2024$79,80011,78526,89111.8 mi
55
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (28 mo)+9.8%

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.