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Alcona County, MI · Sold

MI-320405

2550 County Road 83

$3,500
$4,375/ac · 0.80 ac
Acreage0.80 ac
Price per acre$4,375/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedFeb 11, 2025
Coordinates44.5991, -83.3410
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope17.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power217 ft away

Power at or near the road.

Buildable area0.62 of 0.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,562
$4,007$7,118 · $6,953/ac on 0.80 ac
Asking vs estimate
-37.1%
Priced below the comp set

Weighted from 10 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 $3,500
Maximum allowable offer
$3,178
$3,973/ac · +30.0% target margin

You need $322 off asking to hit this margin.

All-in cost$3,448
Net resale$5,117
Projected profit$1,669
ROI+48.4%
Annualized+69.3%
Break-even resale$4,685/ac
Profit if resale lands off target
-20%
$646
-10%
$1,157
0%
$1,669
+10%
$2,181
+20%
$2,692
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0764,8181.0 mi
90
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4165,0722.5 mi
83
MI-770510
Gravel · Full utilities
0.9May 4, 2025$6,6007,6114,4747.2 mi
79
MI-880119
Gravel · Off grid
0.7Mar 2, 2025$6,1009,4408,0010.9 mi
75
MI-310091
Gravel · Power at road
0.6Apr 25, 2025$6,70010,4847,5085.3 mi
74
MI-920808
Gravel · Power at road
1.1Jun 25, 2025$12,20011,3118,08311.0 mi
70
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,9369,3757.9 mi
67
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,5168,8375.3 mi
65
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,1659,8487.0 mi
61
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2865,0278.3 mi
61
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.