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Alcona County, MI · Sold

MI-305885

8782 County Road 343

$223,300
$5,239/ac · 42.62 ac
Acreage42.62 ac
Price per acre$5,239/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedApr 11, 2026
Coordinates44.7194, -83.2453
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
6
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,650 ft of deeded road frontage.

Power102 ft away

Power at or near the road.

Buildable area39.07 of 42.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$335,695
$268,762$402,627 · $7,876/ac on 42.62 ac
Asking vs estimate
-33.5%
Priced below the comp set

Weighted from 7 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 $223,300
Maximum allowable offer
$191,826
$4,501/ac · +30.0% target margin

You need $31,474 off asking to hit this margin.

All-in cost$208,131
Net resale$308,839
Projected profit$100,708
ROI+48.4%
Annualized+69.2%
Break-even resale$5,308/ac
Profit if resale lands off target
-20%
$38,940
-10%
$69,824
0%
$100,708
+10%
$131,592
+20%
$162,476
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-556057
Dirt · Off grid
48.3Jul 11, 2026$234,8004,8628,07211.1 mi
80
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5548,6065.7 mi
78
MI-476556
Gravel · Power at road
69.3Feb 20, 2026$436,3006,2968,37810.0 mi
77
MI-455134
Paved · Off grid
24.7Dec 2, 2025$180,5007,2958,0719.9 mi
75
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9005,4359.8 mi
69
MI-305216
Gravel · Power at road
26.3Oct 18, 2024$234,3008,92710,4514.3 mi
68
MI-464189
Dirt · Full utilities
12.5Sep 5, 2024$67,5005,4065,5405.0 mi
57
Show adjustment detail for the top comp
  • Tract size (48.28 ac → 42.62 ac)+2.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.