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Alcona County, MI · Sold

MI-192914

9218 County Road 143

$38,100
$7,697/ac · 4.95 ac
Acreage4.95 ac
Price per acre$7,697/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 5, 2023
Coordinates44.6056, -83.2551
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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

532 ft of deeded road frontage.

Power10,036 ft away

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

Buildable area4.49 of 4.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,175
$27,563$48,787 · $7,712/ac on 4.95 ac
Asking vs estimate
-0.2%
In line with the comp set

Weighted from 9 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 $38,100
Maximum allowable offer
$21,814
$4,407/ac · +30.0% target margin

You need $16,286 off asking to hit this margin.

All-in cost$23,668
Net resale$35,121
Projected profit$11,453
ROI+48.4%
Annualized+69.3%
Break-even resale$5,197/ac
Profit if resale lands off target
-20%
$4,429
-10%
$7,941
0%
$11,453
+10%
$14,965
+20%
$18,477
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-412588
Gravel · Off grid
3.9Jul 27, 2026$34,6008,8618,7952.0 mi
93
MI-852593
Gravel · Full utilities
3.9Jul 27, 2026$43,30011,0217,6237.1 mi
84
MI-492945
Dirt · Off grid
5.1Dec 14, 2024$38,0007,4939,3344.0 mi
82
MI-372526
Gravel · Full utilities
3.7Apr 6, 2026$27,9007,4515,2107.1 mi
79
MI-603570
Dirt · Power at road
8.0Dec 13, 2023$39,9005,0015,6462.7 mi
70
MI-752096
Dirt · Off grid
2.7Jul 26, 2025$22,1008,0839,6138.1 mi
69
MI-701440
Gravel · Full utilities
1.7Aug 24, 2024$27,50016,16511,8223.2 mi
63
MI-464189
Dirt · Full utilities
12.5Sep 5, 2024$67,5005,4065,0437.7 mi
63
MI-851847
Dirt · Full utilities
2.3Jun 18, 2025$16,7007,2866,0359.0 mi
63
Show adjustment detail for the top comp
  • Tract size (3.91 ac → 4.95 ac)-1.0%

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.