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Western Connecticut Planning Region County, CT · Sold

CT-740720

2480 County Road 23

$5,600
$13,333/ac · 0.42 ac
Acreage0.42 ac
Price per acre$13,333/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedApr 15, 2026
Coordinates41.2266, -73.4493
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

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

View Western Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
63
High risk
Wetlands33.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,498 ft away

Service extension needed; get a utility quote.

Buildable area0.26 of 0.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,472
$5,889$9,055 · $17,791/ac on 0.42 ac
Asking vs estimate
-25.1%
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 $5,600
Maximum allowable offer
$4,270
$10,166/ac · +30.0% target margin

You need $1,330 off asking to hit this margin.

All-in cost$4,633
Net resale$6,874
Projected profit$2,241
ROI+48.4%
Annualized+69.2%
Break-even resale$11,990/ac
Profit if resale lands off target
-20%
$866
-10%
$1,554
0%
$2,241
+10%
$2,929
+20%
$3,616
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-740000
Landlocked · Power at road
0.3Apr 29, 2026$5,60018,61115,9961.8 mi
87
CT-470217
Paved · Off grid
0.3Aug 30, 2025$9,70032,40619,4036.7 mi
73
CT-730598
Paved · Power at road
0.4Jan 8, 2024$17,20044,20924,0164.1 mi
72
CT-122222
Gravel · Off grid
1.3Jul 27, 2026$20,70016,55111,3776.7 mi
71
CT-682070
Landlocked · Off grid
1.1Dec 16, 2024$18,80016,77718,0814.7 mi
70
CT-291612
Dirt · Power at road
0.8Mar 1, 2025$20,30025,39418,1849.8 mi
63
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.2%

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.