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Alcona County, MI · Sold

MI-752096

6388 County Road 302

$22,600
$8,248/ac · 2.74 ac
Acreage2.74 ac
Price per acre$8,248/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedOct 19, 2024
Coordinates44.7222, -83.2634
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
52
Moderate risk
Wetlands44.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

330 ft of deeded road frontage.

Power12,360 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.44 of 2.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,605
$14,115$25,094 · $7,155/ac on 2.74 ac
Asking vs estimate
+15.3%
Priced above 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 $22,600
Maximum allowable offer
$11,203
$4,089/ac · +30.0% target margin

You need $11,397 off asking to hit this margin.

All-in cost$12,155
Net resale$18,036
Projected profit$5,881
ROI+48.4%
Annualized+69.2%
Break-even resale$4,822/ac
Profit if resale lands off target
-20%
$2,274
-10%
$4,077
0%
$5,881
+10%
$7,685
+20%
$9,488
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2865,3004.1 mi
82
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,0216,6945.6 mi
80
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,8617,72310.1 mi
78
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4514,5765.7 mi
77
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4165,3476.8 mi
72
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16510,3826.4 mi
70
MI-370484
Dirt · Power at road
0.8Jul 27, 2026$5,2006,0765,0798.9 mi
70
MI-492945
Dirt · Off grid
5.1Dec 14, 2024$38,0007,4938,1978.8 mi
67
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,9369,8833.0 mi
66
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,5169,3164.4 mi
66
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (14 mo)+4.9%

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.