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Alcona County, MI · Sold

MI-851847

6869 County Road 24

$19,400
$8,472/ac · 2.29 ac
Acreage2.29 ac
Price per acre$8,472/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedNov 13, 2024
Coordinates44.7190, -83.3467
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
31
Moderate risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope24.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.33 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,754
$17,103$30,405 · $10,373/ac on 2.29 ac
Asking vs estimate
-18.3%
Priced below 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 $19,400
Maximum allowable offer
$13,574
$5,927/ac · +30.0% target margin

You need $5,826 off asking to hit this margin.

All-in cost$14,728
Net resale$21,854
Projected profit$7,126
ROI+48.4%
Annualized+69.2%
Break-even resale$6,991/ac
Profit if resale lands off target
-20%
$2,755
-10%
$4,940
0%
$7,126
+10%
$9,311
+20%
$11,497
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-752096
Dirt · Off grid
2.7Jul 26, 2025$22,1008,08312,1704.1 mi
82
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,0219,6512.9 mi
80
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4516,5963.0 mi
78
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4167,7096.3 mi
74
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,86111,13410.8 mi
73
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16514,9678.8 mi
73
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0767,3228.3 mi
72
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,51613,4315.5 mi
69
MI-770510
Gravel · Full utilities
0.9May 4, 2025$6,6007,6116,8001.8 mi
67
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93614,2486.1 mi
66
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (13 mo)+4.4%

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.