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Alcona County, MI · Sold

MI-455134

3723 County Road 159

$200,300
$8,096/ac · 24.74 ac
Acreage24.74 ac
Price per acre$8,096/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedOct 16, 2024
Coordinates44.6084, -83.3741
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

492 ft of deeded road frontage.

Power6,130 ft away

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

Buildable area21.34 of 24.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$168,305
$127,450$209,161 · $6,803/ac on 24.74 ac
Asking vs estimate
+19.0%
Priced above the comp set

Weighted from 8 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 $200,300
Maximum allowable offer
$96,175
$3,887/ac · +30.0% target margin

You need $104,125 off asking to hit this margin.

All-in cost$104,350
Net resale$154,841
Projected profit$50,491
ROI+48.4%
Annualized+69.2%
Break-even resale$4,585/ac
Profit if resale lands off target
-20%
$19,523
-10%
$35,007
0%
$50,491
+10%
$65,975
+20%
$81,459
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-305885
Paved · Power at road
42.6Jul 27, 2026$228,7005,3655,0039.9 mi
81
MI-556057
Dirt · Off grid
48.3Jul 11, 2026$234,8004,8627,5113.6 mi
78
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5548,0086.6 mi
73
MI-305216
Gravel · Power at road
26.3Oct 18, 2024$234,3008,9279,7257.4 mi
73
MI-476556
Gravel · Power at road
69.3Feb 20, 2026$436,3006,2967,7966.1 mi
70
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9005,0575.2 mi
68
MI-464189
Dirt · Full utilities
12.5Sep 5, 2024$67,5005,4065,1556.4 mi
62
MI-603570
Dirt · Power at road
8.0Dec 13, 2023$39,9005,0015,7713.2 mi
57
Show adjustment detail for the top comp
  • Tract size (42.62 ac → 24.74 ac)+9.5%
  • 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.