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Alcona County, MI · Sold

MI-669330

3722 County Road 399

$1,485,700
$2,874/ac · 517 ac
Acreage517 ac
Price per acre$2,874/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 6, 2025
Coordinates44.7124, -83.2509
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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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,238 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area442.53 of 517.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,314,162
$1,870,491$2,757,833 · $4,476/ac on 517 ac
Asking vs estimate
-35.8%
Priced below 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 $1,485,700
Maximum allowable offer
$1,322,378
$2,558/ac · +30.0% target margin

You need $163,322 off asking to hit this margin.

All-in cost$1,434,780
Net resale$2,129,029
Projected profit$694,249
ROI+48.4%
Annualized+69.2%
Break-even resale$3,017/ac
Profit if resale lands off target
-20%
$268,443
-10%
$481,346
0%
$694,249
+10%
$907,152
+20%
$1,120,054
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-958920
Gravel · Full utilities
384.1Jul 27, 2026$1,817,5004,7314,3384.4 mi
90
MI-579975
Dirt · Full utilities
824.9Apr 23, 2025$2,407,0002,9184,1303.8 mi
76
MI-389875
Gravel · Full utilities
767.3Feb 20, 2025$3,546,2004,6225,5392.3 mi
75
MI-458366
Dirt · Full utilities
257.2Jul 10, 2026$1,040,9004,0483,8467.9 mi
74
MI-157953
Dirt · Power at road
190.7Aug 30, 2025$635,1003,3313,6777.0 mi
63
MI-338412
Gravel · Power at road
265.9Jan 22, 2024$1,464,9005,5106,1177.0 mi
63
MI-797798
Dirt · Power at road
170.4Sep 4, 2025$592,1003,4753,7175.7 mi
62
Show adjustment detail for the top comp
  • Tract size (384.15 ac → 517 ac)-8.5%

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.