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Alcona County, MI · Sold

MI-556057

8944 County Road 213

$227,700
$4,716/ac · 48.28 ac
Acreage48.28 ac
Price per acre$4,716/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 4, 2025
Coordinates44.5694, -83.3243
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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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

902 ft of deeded road frontage.

Power8,622 ft away

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

Buildable area43.89 of 48.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$222,460
$170,751$274,168 · $4,608/ac on 48.28 ac
Asking vs estimate
+2.4%
In line with 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 $227,700
Maximum allowable offer
$127,120
$2,633/ac · +30.0% target margin

You need $100,580 off asking to hit this margin.

All-in cost$137,925
Net resale$204,663
Projected profit$66,738
ROI+48.4%
Annualized+69.2%
Break-even resale$3,105/ac
Profit if resale lands off target
-20%
$25,805
-10%
$46,271
0%
$66,738
+10%
$87,204
+20%
$107,670
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-305885
Paved · Power at road
42.6Jul 27, 2026$228,7005,3653,25211.1 mi
80
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5545,2059.4 mi
77
MI-476556
Gravel · Power at road
69.3Feb 20, 2026$436,3006,2965,0673.3 mi
77
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9003,2872.5 mi
75
MI-455134
Paved · Off grid
24.7Dec 2, 2025$180,5007,2954,8813.6 mi
73
MI-305216
Gravel · Power at road
26.3Oct 18, 2024$234,3008,9276,3219.8 mi
62
Show adjustment detail for the top comp
  • Tract size (42.62 ac → 48.28 ac)-2.4%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

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.