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Alcona County, MI · Sold

MI-920808

5525 County Road 57

$12,000
$11,111/ac · 1.08 ac
Acreage1.08 ac
Price per acre$11,111/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedSep 4, 2024
Coordinates44.7312, -83.2158
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

201 ft of deeded road frontage.

Power165 ft away

Power at or near the road.

Buildable area0.93 of 1.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,387
$7,479$13,296 · $9,618/ac on 1.08 ac
Asking vs estimate
+15.5%
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 $12,000
Maximum allowable offer
$5,936
$5,496/ac · +30.0% target margin

You need $6,064 off asking to hit this margin.

All-in cost$6,441
Net resale$9,556
Projected profit$3,116
ROI+48.4%
Annualized+69.2%
Break-even resale$6,482/ac
Profit if resale lands off target
-20%
$1,204
-10%
$2,160
0%
$3,116
+10%
$4,071
+20%
$5,027
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4167,4388.5 mi
87
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0767,06410.4 mi
80
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93613,7473.3 mi
78
MI-770510
Gravel · Full utilities
0.9May 4, 2025$6,6007,6116,5615.5 mi
75
MI-320405
Landlocked · Power at road
0.8Feb 4, 2026$3,2004,0346,04611.0 mi
74
MI-310091
Gravel · Power at road
0.6Apr 25, 2025$6,70010,48411,0096.0 mi
72
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4516,3648.0 mi
71
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,51612,9585.7 mi
69
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16514,4416.5 mi
68
MI-880119
Gravel · Off grid
0.7Mar 2, 2025$6,1009,44011,73310.8 mi
66
Show adjustment detail for the top comp

    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.