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Alcona County, MI · Sold

MI-852593

3802 County Road 178

$50,600
$12,875/ac · 3.93 ac
Acreage3.93 ac
Price per acre$12,875/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJun 16, 2026
Coordinates44.6777, -83.3593
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
7
Low risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

205 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.37 of 3.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,048
$36,604$61,492 · $12,480/ac on 3.93 ac
Asking vs estimate
+3.2%
In line with 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 $50,600
Maximum allowable offer
$28,027
$7,132/ac · +30.0% target margin

You need $22,573 off asking to hit this margin.

All-in cost$30,409
Net resale$45,124
Projected profit$14,715
ROI+48.4%
Annualized+69.3%
Break-even resale$8,411/ac
Profit if resale lands off target
-20%
$5,690
-10%
$10,202
0%
$14,715
+10%
$19,227
+20%
$23,740
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4517,5500.1 mi
90
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,86112,7438.6 mi
86
MI-950894
Gravel · Power at road
1.1Jul 27, 2026$8,5007,4168,8233.9 mi
73
MI-192914
Gravel · Off grid
5.0Oct 2, 2024$41,1008,30512,9797.1 mi
72
MI-752096
Dirt · Off grid
2.7Jul 26, 2025$22,1008,08313,9285.6 mi
72
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2868,7452.9 mi
72
MI-492945
Dirt · Off grid
5.1Dec 14, 2024$38,0007,49313,5255.1 mi
70
MI-371124
Gravel · Power at road
1.4Mar 14, 2025$17,50012,93616,3076.2 mi
67
MI-791123
Dirt · Full utilities
1.4Aug 22, 2024$16,90012,51615,3714.4 mi
65
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16517,1307.9 mi
64
Show adjustment detail for the top comp
  • Market time (4 mo)+1.5%

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.