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Alcona County, MI · Sold

MI-579975

5565 County Road 71

$2,268,600
$2,750/ac · 825 ac
Acreage825 ac
Price per acre$2,750/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedFeb 10, 2025
Coordinates44.6953, -83.3251
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,576 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area756.25 of 824.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,735,257
$2,048,348$3,422,165 · $3,316/ac on 825 ac
Asking vs estimate
-17.1%
Priced below the comp set

Weighted from 5 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 $2,268,600
Maximum allowable offer
$1,563,004
$1,895/ac · +30.0% target margin

You need $705,596 off asking to hit this margin.

All-in cost$1,695,859
Net resale$2,516,436
Projected profit$820,577
ROI+48.4%
Annualized+69.2%
Break-even resale$2,235/ac
Profit if resale lands off target
-20%
$317,290
-10%
$568,933
0%
$820,577
+10%
$1,072,220
+20%
$1,323,864
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-669330
Gravel · Full utilities
517.0Jul 27, 2026$1,527,3002,9542,2073.8 mi
85
MI-958920
Gravel · Full utilities
384.1Jul 27, 2026$1,817,5004,7313,2343.1 mi
82
MI-389875
Gravel · Full utilities
767.3Feb 20, 2025$3,546,2004,6224,1294.5 mi
77
MI-458366
Dirt · Full utilities
257.2Jul 10, 2026$1,040,9004,0482,8677.9 mi
72
MI-338412
Gravel · Power at road
265.9Jan 22, 2024$1,464,9005,5104,5604.9 mi
57
Show adjustment detail for the top comp
  • Tract size (517 ac → 824.92 ac)-13.3%
  • 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.