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Alcona County, MI · Sold

MI-701440

5474 County Road 258

$25,900
$15,235/ac · 1.70 ac
Acreage1.70 ac
Price per acre$15,235/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedOct 17, 2023
Coordinates44.6377, -83.2094
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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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands25.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

314 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.21 of 1.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,250
$14,989$25,511 · $11,912/ac on 1.70 ac
Asking vs estimate
+27.9%
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 $25,900
Maximum allowable offer
$11,571
$6,807/ac · +30.0% target margin

You need $14,329 off asking to hit this margin.

All-in cost$12,555
Net resale$18,630
Projected profit$6,075
ROI+48.4%
Annualized+69.3%
Break-even resale$8,027/ac
Profit if resale lands off target
-20%
$2,349
-10%
$4,212
0%
$6,075
+10%
$7,938
+20%
$9,801
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4169,0175.3 mi
82
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,02111,2897.9 mi
76
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2868,9378.8 mi
76
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,86113,0234.9 mi
76
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93616,6663.4 mi
76
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0768,5646.0 mi
74
MI-752096
Dirt · Off grid
2.7Jul 26, 2025$22,1008,08314,2356.4 mi
74
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4517,7167.9 mi
73
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,51615,7093.5 mi
73
MI-920808
Gravel · Power at road
1.1Jun 25, 2025$12,20011,31114,3706.5 mi
71
Show adjustment detail for the top comp
  • Tract size (1.15 ac → 1.7 ac)-0.6%
  • Utilities (Power at road → Full utilities)+22.0%

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.