South Central Connecticut Planning Region County, CT · Sold

CT-149992

6938 County Road 260

$4,163,500

$11,965/ac · 348 ac

Offer report Market this tract

Acreage348 ac

Price per acre$11,965/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedAug 17, 2023

Coordinates41.2552, -72.8094

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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

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

4 items to verify before you offer.

Risk index

Low risk

Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,906 ft of deeded road frontage.

Power10,120 ft away

A long utility run — price in solar/off-grid instead.

Buildable area283.31 of 347.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$4,599,931

$3,724,342 – $5,475,520 · $13,219/ac on 348 ac

Asking vs estimate

-9.5%

Priced below 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 $4,163,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$2,628,532

$7,554/ac · +30.0% target margin

You need $1,534,968 off asking to hit this margin.

All-in cost$2,851,957

Net resale$4,231,937

Projected profit$1,379,979

ROI+48.4%

Annualized+69.2%

Break-even resale$8,908/ac

Profit if resale lands off target

-20%

$533,592

-10%

$956,786

$1,379,979

+10%

$1,803,173

+20%

$2,226,367

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-159858 Gravel · Power at road	315.8	Jul 27, 2026	$5,582,600	17,678	12,587	2.8 mi	86
CT-679902 Gravel · Power at road	326.0	Jul 27, 2026	$8,002,000	24,545	17,641	7.5 mi	84
CT-119992 Dirt · Power at road	348.0	Oct 25, 2024	$4,353,600	12,511	11,441	3.7 mi	83
CT-839254 Landlocked · Power at road	203.9	Apr 17, 2026	$2,795,800	13,713	12,817	7.8 mi	73
CT-929367 Paved · Full utilities	221.3	Feb 23, 2026	$4,923,400	22,251	10,112	8.5 mi	72
CT-609527 Paved · Full utilities	248.5	Dec 1, 2024	$8,059,000	32,436	16,006	3.9 mi	70
CT-458298 Gravel · Off grid	102.0	Dec 9, 2025	$1,863,400	18,269	11,542	6.7 mi	65

Show adjustment detail for the top comp

Tract size (315.79 ac → 347.98 ac)-2.8%
Access (Gravel → Dirt)-14.0%
Utilities (Power at road → Off grid)-15.0%

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