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Alcona County, MI · Sold

MI-305216

736 County Road 363

$280,300
$10,678/ac · 26.25 ac
Acreage26.25 ac
Price per acre$10,678/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJun 12, 2024
Coordinates44.7110, -83.3328
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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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

402 ft of deeded road frontage.

Power223 ft away

Power at or near the road.

Buildable area22.39 of 26.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$169,364
$136,529$202,200 · $6,452/ac on 26.25 ac
Asking vs estimate
+65.5%
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 $280,300
Maximum allowable offer
$96,780
$3,687/ac · +30.0% target margin

You need $183,520 off asking to hit this margin.

All-in cost$105,006
Net resale$155,815
Projected profit$50,809
ROI+48.4%
Annualized+69.2%
Break-even resale$4,348/ac
Profit if resale lands off target
-20%
$19,646
-10%
$35,227
0%
$50,809
+10%
$66,391
+20%
$81,972
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-305885
Paved · Power at road
42.6Jul 27, 2026$228,7005,3654,9454.3 mi
80
MI-455134
Paved · Off grid
24.7Dec 2, 2025$180,5007,2957,4237.4 mi
78
MI-556057
Dirt · Off grid
48.3Jul 11, 2026$234,8004,8627,4249.8 mi
73
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5547,9151.4 mi
73
MI-476556
Gravel · Power at road
69.3Feb 20, 2026$436,3006,2967,70510.0 mi
69
MI-464189
Dirt · Full utilities
12.5Sep 5, 2024$67,5005,4065,0951.0 mi
65
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9004,9989.5 mi
61
MI-603570
Dirt · Power at road
8.0Dec 13, 2023$39,9005,0015,7046.8 mi
56
Show adjustment detail for the top comp
  • Tract size (42.62 ac → 26.25 ac)+8.5%
  • Access (Paved → Gravel)-15.3%

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.