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South Central Connecticut Planning Region County, CT · Sold

CT-573804

1951 County Road 38

$152,200
$38,728/ac · 3.93 ac
Acreage3.93 ac
Price per acre$38,728/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedSep 23, 2025
Coordinates41.3227, -72.8851
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

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

View South Central Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands8.0% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

456 ft of deeded road frontage.

Power3,862 ft away

Service extension needed; get a utility quote.

Buildable area3.43 of 3.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$116,624
$83,970$149,279 · $29,675/ac on 3.93 ac
Asking vs estimate
+30.5%
Priced above 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 $152,200
Maximum allowable offer
$66,643
$16,957/ac · +30.0% target margin

You need $85,557 off asking to hit this margin.

All-in cost$72,308
Net resale$107,295
Projected profit$34,987
ROI+48.4%
Annualized+69.2%
Break-even resale$19,999/ac
Profit if resale lands off target
-20%
$13,528
-10%
$24,257
0%
$34,987
+10%
$45,716
+20%
$56,446
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-903744
Landlocked · Power at road
3.8Oct 26, 2025$118,90031,53640,6892.6 mi
85
CT-193600
Dirt · Off grid
3.4Jul 27, 2026$70,00020,64123,9308.2 mi
83
CT-273845
Dirt · Power at road
4.0Mar 31, 2026$95,00023,45423,5746.5 mi
82
CT-565196
Landlocked · Full utilities
10.8Jul 27, 2026$396,60036,79140,0682.2 mi
73
CT-683420
Gravel · Power at road
3.0Nov 10, 2024$68,90023,13020,9257.2 mi
71
CT-944366
Dirt · Full utilities
5.9May 7, 2025$259,00043,82338,0895.1 mi
70
CT-424385
Dirt · Power at road
6.0Nov 11, 2024$107,10017,87819,3377.3 mi
66
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (10 mo)+3.4%

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.