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Alcona County, MI · Sold

MI-464189

8120 County Road 266

$80,900
$6,482/ac · 12.48 ac
Acreage12.48 ac
Price per acre$6,482/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedMar 4, 2024
Coordinates44.6979, -83.3432
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
13
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

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 area11.56 of 12.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$107,766
$82,910$132,621 · $8,635/ac on 12.48 ac
Asking vs estimate
-24.9%
Priced below the comp set

Weighted from 9 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 $80,900
Maximum allowable offer
$61,580
$4,934/ac · +30.0% target margin

You need $19,320 off asking to hit this margin.

All-in cost$66,814
Net resale$99,144
Projected profit$32,330
ROI+48.4%
Annualized+69.3%
Break-even resale$5,819/ac
Profit if resale lands off target
-20%
$12,501
-10%
$22,416
0%
$32,330
+10%
$42,245
+20%
$52,159
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,0218,8401.6 mi
74
MI-603570
Dirt · Power at road
8.0Dec 13, 2023$39,9005,0016,5476.0 mi
71
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,86110,1999.4 mi
71
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4516,0421.7 mi
70
MI-305885
Paved · Power at road
42.6Jul 27, 2026$228,7005,3655,6765.0 mi
69
MI-455134
Paved · Off grid
24.7Dec 2, 2025$180,5007,2958,5206.4 mi
68
MI-492945
Dirt · Off grid
5.1Dec 14, 2024$38,0007,49310,8246.4 mi
68
MI-305216
Gravel · Power at road
26.3Oct 18, 2024$234,3008,92711,0321.0 mi
65
MI-192914
Gravel · Off grid
5.0Oct 2, 2024$41,1008,30510,3877.7 mi
63
Show adjustment detail for the top comp
  • Tract size (3.93 ac → 12.48 ac)-6.9%
  • Access (Gravel → Dirt)-14.0%

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.