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Alcona County, MI · Sold

MI-797798

3756 County Road 162

$630,600
$3,700/ac · 170 ac
Acreage170 ac
Price per acre$3,700/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedSep 23, 2024
Coordinates44.7184, -83.3673
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

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power230 ft away

Power at or near the road.

Buildable area130.64 of 170.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$682,878
$527,194$838,561 · $4,007/ac on 170 ac
Asking vs estimate
-7.7%
Priced below 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 $630,600
Maximum allowable offer
$390,216
$2,290/ac · +30.0% target margin

You need $240,384 off asking to hit this margin.

All-in cost$423,384
Net resale$628,247
Projected profit$204,863
ROI+48.4%
Annualized+69.2%
Break-even resale$2,701/ac
Profit if resale lands off target
-20%
$79,214
-10%
$142,038
0%
$204,863
+10%
$267,688
+20%
$330,513
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-157953
Dirt · Power at road
190.7Aug 30, 2025$635,1003,3313,5747.5 mi
80
MI-458366
Dirt · Full utilities
257.2Jul 10, 2026$1,040,9004,0483,73810.4 mi
78
MI-206579
Paved · Off grid
70.5Jun 23, 2026$461,8006,5544,5331.1 mi
74
MI-958920
Gravel · Full utilities
384.1Jul 27, 2026$1,817,5004,7314,2165.5 mi
73
MI-669330
Gravel · Full utilities
517.0Jul 27, 2026$1,527,3002,9542,8785.7 mi
69
MI-476556
Gravel · Power at road
69.3Feb 20, 2026$436,3006,2964,41311.2 mi
66
MI-338412
Gravel · Power at road
265.9Jan 22, 2024$1,464,9005,5105,9466.9 mi
66
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9002,86210.6 mi
66
Show adjustment detail for the top comp
  • Tract size (190.66 ac → 170.41 ac)+3.1%
  • Market time (12 mo)+4.0%

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.