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Alcona County, MI · Sold

MI-310091

5484 County Road 142

$7,100
$11,094/ac · 0.64 ac
Acreage0.64 ac
Price per acre$11,094/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJun 25, 2024
Coordinates44.6713, -83.3038
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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

Alcona County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Alcona market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands14.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power215 ft away

Power at or near the road.

Buildable area0.52 of 0.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,420
$4,622$8,218 · $10,031/ac on 0.64 ac
Asking vs estimate
+10.6%
Priced above the comp set

Weighted from 9 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 $7,100
Maximum allowable offer
$3,669
$5,732/ac · +30.0% target margin

You need $3,431 off asking to hit this margin.

All-in cost$3,981
Net resale$5,906
Projected profit$1,925
ROI+48.4%
Annualized+69.2%
Break-even resale$6,761/ac
Profit if resale lands off target
-20%
$744
-10%
$1,335
0%
$1,925
+10%
$2,516
+20%
$3,107
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4167,4722.9 mi
83
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0767,0965.0 mi
83
MI-320405
Landlocked · Power at road
0.8Feb 4, 2026$3,2004,0346,0735.3 mi
79
MI-880119
Gravel · Off grid
0.7Mar 2, 2025$6,1009,44011,7865.3 mi
78
MI-770510
Gravel · Full utilities
0.9May 4, 2025$6,6007,6116,5912.3 mi
76
MI-920808
Gravel · Power at road
1.1Jun 25, 2025$12,20011,31111,9076.0 mi
73
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93613,8103.6 mi
70
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16514,5075.2 mi
67
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,51613,0171.7 mi
64
Show adjustment detail for the top comp
  • Tract size (1.15 ac → 0.64 ac)+0.5%

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.