Western Connecticut Planning Region County, CT · Sold

CT-988773

534 County Road 387

$1,211,400

$8,419/ac · 144 ac

Offer report Market this tract

Acreage144 ac

Price per acre$8,419/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedJul 11, 2025

Coordinates41.3252, -73.4488

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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

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,946 ft away

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

Buildable area129.59 of 143.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,600,616

$1,273,956 – $1,927,276 · $11,124/ac on 144 ac

Asking vs estimate

-24.3%

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 $1,211,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$914,638

$6,357/ac · +30.0% target margin

You need $296,762 off asking to hit this margin.

All-in cost$992,382

Net resale$1,472,567

Projected profit$480,184

ROI+48.4%

Annualized+69.2%

Break-even resale$7,497/ac

Profit if resale lands off target

-20%

$185,671

-10%

$332,928

$480,184

+10%

$627,441

+20%

$774,698

Comparable sales6 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-528467 Dirt · Power at road	115.3	Apr 15, 2026	$1,307,400	11,341	9,229	4.2 mi	87
CT-728324 Dirt · Full utilities	103.9	Jul 27, 2026	$1,292,900	12,439	7,990	9.1 mi	80
CT-879297 Dirt · Power at road	210.3	Jan 3, 2026	$3,007,200	14,297	13,826	3.9 mi	78
CT-769481 Gravel · Full utilities	240.3	Jan 6, 2025	$4,556,900	18,962	13,967	6.3 mi	66
CT-957497 Paved · Full utilities	57.1	Sep 29, 2024	$1,410,400	24,705	10,848	4.7 mi	65
CT-777405 Gravel · Full utilities	53.4	Feb 24, 2024	$1,203,700	22,538	11,785	6.4 mi	57

Show adjustment detail for the top comp

Tract size (115.28 ac → 143.89 ac)-5.6%
Utilities (Power at road → Off grid)-15.0%
Market time (4 mo)+1.4%

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