MI-802229
4856 County Road 23
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Alger County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Alger market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $1,835 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-752042 Dirt · Power at road | 2.6 | Jun 16, 2026 | $11,800 | 4,503 | 4,517 | 6.1 mi | 87 |
| MI-592119 Gravel · Full utilities | 2.8 | Dec 29, 2025 | $18,400 | 6,602 | 4,765 | 5.4 mi | 79 |
| MI-392603 Dirt · Off grid | 4.0 | Jan 26, 2025 | $16,200 | 4,089 | 5,169 | 5.3 mi | 73 |
| MI-202178 Gravel · Full utilities | 2.9 | May 8, 2024 | $27,200 | 9,346 | 7,209 | 4.8 mi | 73 |
| MI-792606 Paved · Off grid | 4.0 | Sep 27, 2024 | $18,100 | 4,576 | 4,272 | 1.3 mi | 72 |
| MI-833771 Dirt · Power at road | 9.2 | Apr 1, 2026 | $29,000 | 3,140 | 3,370 | 6.2 mi | 71 |
| MI-363186 Dirt · Full utilities | 6.0 | Mar 15, 2025 | $25,900 | 4,302 | 3,842 | 1.7 mi | 70 |
| MI-320790 Paved · Power at road | 1.1 | May 6, 2025 | $7,000 | 6,649 | 5,007 | 2.2 mi | 70 |
| MI-503894 Dirt · Power at road | 10.1 | Oct 3, 2024 | $45,300 | 4,490 | 5,152 | 8.0 mi | 65 |
| MI-711018 Gravel · Off grid | 1.3 | Mar 30, 2024 | $4,500 | 3,572 | 3,906 | 1.2 mi | 62 |
Show adjustment detail for the top comp
- Market time (2 mo)+0.7%
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.