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Alcona County, MI · Sold

MI-412588

9472 County Road 262

$34,200
$8,747/ac · 3.91 ac
Acreage3.91 ac
Price per acre$8,747/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMar 31, 2026
Coordinates44.5761, -83.2584
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

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

View Alcona market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

379 ft of deeded road frontage.

Power8,776 ft away

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

Buildable area3.33 of 3.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,836
$23,162$40,510 · $8,142/ac on 3.91 ac
Asking vs estimate
+7.4%
Priced above the comp set

Weighted from 10 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 $34,200
Maximum allowable offer
$18,192
$4,653/ac · +30.0% target margin

You need $16,008 off asking to hit this margin.

All-in cost$19,738
Net resale$29,289
Projected profit$9,551
ROI+48.4%
Annualized+69.2%
Break-even resale$5,487/ac
Profit if resale lands off target
-20%
$3,693
-10%
$6,622
0%
$9,551
+10%
$12,480
+20%
$15,409
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,0217,6978.6 mi
86
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4515,2618.6 mi
83
MI-192914
Gravel · Off grid
5.0Oct 2, 2024$41,1008,3059,0442.0 mi
81
MI-492945
Dirt · Off grid
5.1Dec 14, 2024$38,0007,4939,4254.3 mi
77
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4166,1484.7 mi
76
MI-752096
Dirt · Off grid
2.7Jul 26, 2025$22,1008,0839,70610.1 mi
70
MI-603570
Dirt · Power at road
8.0Dec 13, 2023$39,9005,0015,7013.6 mi
66
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2866,09410.8 mi
65
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16511,9374.9 mi
64
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93611,3637.6 mi
62
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%

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.