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Alcona County, MI · Sold

MI-958920

312 County Road 80

$1,695,400
$4,413/ac · 384 ac
Acreage384 ac
Price per acre$4,413/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedOct 28, 2025
Coordinates44.6564, -83.2955
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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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,119 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area304.00 of 384.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,775,066
$1,336,117$2,214,015 · $4,621/ac on 384 ac
Asking vs estimate
-4.5%
In line with 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 $1,695,400
Maximum allowable offer
$1,014,323
$2,640/ac · +30.0% target margin

You need $681,077 off asking to hit this margin.

All-in cost$1,100,540
Net resale$1,633,061
Projected profit$532,520
ROI+48.4%
Annualized+69.2%
Break-even resale$3,114/ac
Profit if resale lands off target
-20%
$205,908
-10%
$369,214
0%
$532,520
+10%
$695,826
+20%
$859,132
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-669330
Gravel · Full utilities
517.0Jul 27, 2026$1,527,3002,9543,2364.4 mi
90
MI-458366
Dirt · Full utilities
257.2Jul 10, 2026$1,040,9004,0484,2044.8 mi
80
MI-579975
Dirt · Full utilities
824.9Apr 23, 2025$2,407,0002,9184,5143.1 mi
73
MI-338412
Gravel · Power at road
265.9Jan 22, 2024$1,464,9005,5106,6872.5 mi
71
MI-157953
Dirt · Power at road
190.7Aug 30, 2025$635,1003,3314,0192.6 mi
69
MI-389875
Gravel · Full utilities
767.3Feb 20, 2025$3,546,2004,6226,0546.3 mi
68
MI-797798
Dirt · Power at road
170.4Sep 4, 2025$592,1003,4754,0635.5 mi
66
Show adjustment detail for the top comp
  • Tract size (517 ac → 384.15 ac)+9.3%

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.