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Southeastern Connecticut Planning Region County, CT · Sold

CT-437749

5150 County Road 361

$668,200
$9,750/ac · 68.53 ac
Acreage68.53 ac
Price per acre$9,750/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJun 3, 2025
Coordinates41.4442, -72.0745
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

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

View Southeastern Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,438 ft of deeded road frontage.

Power13,214 ft away

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

Buildable area62.50 of 68.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$831,596
$630,962$1,032,231 · $12,135/ac on 68.53 ac
Asking vs estimate
-19.6%
Priced below the comp set

Weighted from 6 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 $668,200
Maximum allowable offer
$475,198
$6,934/ac · +30.0% target margin

You need $193,002 off asking to hit this margin.

All-in cost$515,590
Net resale$765,069
Projected profit$249,479
ROI+48.4%
Annualized+69.2%
Break-even resale$8,178/ac
Profit if resale lands off target
-20%
$96,465
-10%
$172,972
0%
$249,479
+10%
$325,986
+20%
$402,492
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-768100
Paved · Off grid
88.4Dec 9, 2025$1,418,40016,05014,8382.0 mi
80
CT-369198
Gravel · Full utilities
195.8Feb 27, 2026$2,097,40010,7139,9227.8 mi
68
CT-239984
Landlocked · Off grid
346.0Dec 30, 2025$1,548,0004,47410,3652.5 mi
64
CT-225795
Gravel · Power at road
16.6Apr 16, 2026$191,30011,4987,80110.6 mi
64
CT-966504
Landlocked · Off grid
27.8Feb 17, 2024$327,60011,78016,1362.0 mi
63
CT-739608
Gravel · Power at road
263.5Jul 5, 2025$2,793,70010,60313,3789.2 mi
60
Show adjustment detail for the top comp
  • Tract size (88.37 ac → 68.53 ac)+6.0%
  • Access (Paved → Gravel)-15.3%
  • Market time (8 mo)+2.9%

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.