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Alcona County, MI · Sold

MI-476556

2639 County Road 39

$454,500
$6,558/ac · 69.30 ac
Acreage69.30 ac
Price per acre$6,558/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 24, 2024
Coordinates44.5757, -83.2587
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
11
Low risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power164 ft away

Power at or near the road.

Buildable area64.72 of 69.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$392,380
$308,790$475,971 · $5,662/ac on 69.30 ac
Asking vs estimate
+15.8%
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 $454,500
Maximum allowable offer
$224,217
$3,235/ac · +30.0% target margin

You need $230,283 off asking to hit this margin.

All-in cost$243,275
Net resale$360,990
Projected profit$117,714
ROI+48.4%
Annualized+69.3%
Break-even resale$3,816/ac
Profit if resale lands off target
-20%
$45,516
-10%
$81,615
0%
$117,714
+10%
$153,813
+20%
$189,912
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5546,59910.1 mi
82
MI-305885
Paved · Power at road
42.6Jul 27, 2026$228,7005,3654,12310.0 mi
81
MI-556057
Dirt · Off grid
48.3Jul 11, 2026$234,8004,8626,1893.3 mi
80
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9004,1670.9 mi
80
MI-455134
Paved · Off grid
24.7Dec 2, 2025$180,5007,2956,1886.1 mi
69
MI-157953
Dirt · Power at road
190.7Aug 30, 2025$635,1003,3315,2033.8 mi
66
MI-797798
Dirt · Power at road
170.4Sep 4, 2025$592,1003,4755,25911.2 mi
63
MI-305216
Gravel · Power at road
26.3Oct 18, 2024$234,3008,9278,01310.0 mi
61
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.