South Central Connecticut Planning Region County, CT · Sold

CT-679902

1061 County Road 280

$7,534,800

$23,112/ac · 326 ac

Offer report Market this tract

Acreage326 ac

Price per acre$23,112/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedJan 20, 2026

Coordinates41.3238, -72.9212

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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

Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,612 ft of deeded road frontage.

Power54 ft away

Power at or near the road.

Buildable area300.42 of 326.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,512,625

$4,718,970 – $6,306,281 · $16,909/ac on 326 ac

Asking vs estimate

+36.7%

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 $7,534,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,150,072

$9,662/ac · +30.0% target margin

You need $4,384,728 off asking to hit this margin.

All-in cost$3,417,828

Net resale$5,071,615

Projected profit$1,653,787

ROI+48.4%

Annualized+69.2%

Break-even resale$11,395/ac

Profit if resale lands off target

-20%

$639,464

-10%

$1,146,626

$1,653,787

+10%

$2,160,949

+20%

$2,668,110

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	17,553	9.9 mi	87
CT-929367 Paved · Full utilities	221.3	Feb 23, 2026	$4,923,400	22,251	14,101	1.2 mi	83
CT-839254 Landlocked · Power at road	203.9	Apr 17, 2026	$2,795,800	13,713	17,873	1.3 mi	80
CT-119992 Dirt · Power at road	348.0	Oct 25, 2024	$4,353,600	12,511	15,954	7.9 mi	74
CT-149992 Dirt · Off grid	348.0	Aug 3, 2024	$3,430,700	9,859	14,922	7.5 mi	72
CT-609527 Paved · Full utilities	248.5	Dec 1, 2024	$8,059,000	32,436	22,319	8.7 mi	68
CT-458298 Gravel · Off grid	102.0	Dec 9, 2025	$1,863,400	18,269	16,095	6.1 mi	66

Show adjustment detail for the top comp

Tract size (315.79 ac → 326.01 ac)-0.9%

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