South Central Connecticut Planning Region County, CT · Sold

CT-119992

8185 County Road 227

$4,442,400

$12,766/ac · 348 ac

Offer report Market this tract

Acreage348 ac

Price per acre$12,766/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedAug 26, 2023

Coordinates41.3016, -72.7725

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,843 ft of deeded road frontage.

Power142 ft away

Power at or near the road.

Buildable area327.28 of 347.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,380,378

$4,309,389 – $6,451,367 · $15,462/ac on 348 ac

Asking vs estimate

-17.4%

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 $4,442,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,074,502

$8,835/ac · +30.0% target margin

You need $1,367,898 off asking to hit this margin.

All-in cost$3,335,835

Net resale$4,949,948

Projected profit$1,614,113

ROI+48.4%

Annualized+69.2%

Break-even resale$10,420/ac

Profit if resale lands off target

-20%

$624,123

-10%

$1,119,118

$1,614,113

+10%

$2,109,108

+20%

$2,604,102

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	14,809	3.4 mi	87
CT-679902 Gravel · Power at road	326.0	Jul 27, 2026	$8,002,000	24,545	20,754	7.9 mi	85
CT-149992 Dirt · Off grid	348.0	Aug 3, 2024	$3,430,700	9,859	12,590	3.7 mi	82
CT-839254 Landlocked · Power at road	203.9	Apr 17, 2026	$2,795,800	13,713	15,079	7.5 mi	74
CT-929367 Paved · Full utilities	221.3	Feb 23, 2026	$4,923,400	22,251	11,897	8.4 mi	72
CT-609527 Paved · Full utilities	248.5	Dec 1, 2024	$8,059,000	32,436	18,830	0.8 mi	72
CT-458298 Gravel · Off grid	102.0	Dec 9, 2025	$1,863,400	18,269	13,579	9.6 mi	60

Show adjustment detail for the top comp

Tract size (315.79 ac → 347.98 ac)-2.8%
Access (Gravel → Dirt)-14.0%

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