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Alcona County, MI · Sold

MI-458366

9305 County Road 212

$1,006,700
$3,915/ac · 257 ac
Acreage257 ac
Price per acre$3,915/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedApr 24, 2026
Coordinates44.5987, -83.2405
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
42
Moderate risk
Wetlands42.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

3,229 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area140.96 of 257.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,136,140
$845,628$1,426,653 · $4,418/ac on 257 ac
Asking vs estimate
-11.4%
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 $1,006,700
Maximum allowable offer
$649,223
$2,525/ac · +30.0% target margin

You need $357,477 off asking to hit this margin.

All-in cost$704,407
Net resale$1,045,249
Projected profit$340,842
ROI+48.4%
Annualized+69.2%
Break-even resale$2,977/ac
Profit if resale lands off target
-20%
$131,792
-10%
$236,317
0%
$340,842
+10%
$445,367
+20%
$549,892
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-958920
Gravel · Full utilities
384.1Jul 27, 2026$1,817,5004,7314,5854.8 mi
81
MI-157953
Dirt · Power at road
190.7Aug 30, 2025$635,1003,3313,8863.5 mi
77
MI-338412
Gravel · Power at road
265.9Jan 22, 2024$1,464,9005,5106,4664.3 mi
77
MI-669330
Gravel · Full utilities
517.0Jul 27, 2026$1,527,3002,9543,1297.9 mi
75
MI-797798
Dirt · Power at road
170.4Sep 4, 2025$592,1003,4753,92810.4 mi
71
MI-866808
Paved · Off grid
83.2Dec 17, 2025$324,4003,9003,1122.2 mi
66
MI-389875
Gravel · Full utilities
767.3Feb 20, 2025$3,546,2004,6225,85410.2 mi
63
MI-579975
Dirt · Full utilities
824.9Apr 23, 2025$2,407,0002,9184,3657.9 mi
63
Show adjustment detail for the top comp
  • Tract size (384.15 ac → 257.16 ac)+12.4%
  • 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.