← New search
Alger County, MI · Sold

MI-677833

7730 County Road 258

$598,700
$3,425/ac · 175 ac
Acreage175 ac
Price per acre$3,425/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJul 3, 2025
Coordinates46.5061, -86.7334
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

Alger County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Alger market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,194 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area159.57 of 174.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$623,527
$509,826$737,229 · $3,567/ac on 175 ac
Asking vs estimate
-4.0%
In line with 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 $598,700
Maximum allowable offer
$356,301
$2,038/ac · +30.0% target margin

You need $242,399 off asking to hit this margin.

All-in cost$386,587
Net resale$573,645
Projected profit$187,059
ROI+48.4%
Annualized+69.3%
Break-even resale$2,404/ac
Profit if resale lands off target
-20%
$72,330
-10%
$129,694
0%
$187,059
+10%
$244,423
+20%
$301,788
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-599144
Gravel · Full utilities
451.8Jul 24, 2026$1,308,5002,8963,8184.3 mi
81
MI-106984
Landlocked · Full utilities
94.5Jul 27, 2026$268,7002,8443,5748.2 mi
76
MI-827448
Gravel · Full utilities
132.3Oct 20, 2024$377,5002,8542,8524.4 mi
75
MI-627308
Landlocked · Power at road
119.5Jul 24, 2025$192,4001,6102,7286.0 mi
71
MI-419490
Gravel · Power at road
580.5Apr 19, 2026$1,112,3001,9163,3619.9 mi
71
MI-899532
Gravel · Power at road
598.5Jul 27, 2026$1,178,1001,9693,4468.1 mi
70
MI-948234
Dirt · Off grid
233.7Jan 21, 2025$472,9002,0233,9027.1 mi
69
MI-388932
Paved · Off grid
387.5Aug 20, 2024$1,183,2003,0535,0544.5 mi
62
Show adjustment detail for the top comp
  • Tract size (451.83 ac → 174.79 ac)+31.5%

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.