MI-388932
9550 County Road 114
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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.
3,113 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 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 $851,285 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-599144 Gravel · Full utilities | 451.8 | Jul 24, 2026 | $1,308,500 | 2,896 | 2,499 | 4.3 mi | 83 |
| MI-899532 Gravel · Power at road | 598.5 | Jul 27, 2026 | $1,178,100 | 1,969 | 2,256 | 6.1 mi | 82 |
| MI-677833 Gravel · Full utilities | 174.8 | Jul 27, 2026 | $519,100 | 2,970 | 1,948 | 4.5 mi | 74 |
| MI-419490 Gravel · Power at road | 580.5 | Apr 19, 2026 | $1,112,300 | 1,916 | 2,200 | 10.3 mi | 73 |
| MI-948234 Dirt · Off grid | 233.7 | Jan 21, 2025 | $472,900 | 2,023 | 2,554 | 2.8 mi | 70 |
| MI-749933 Gravel · Power at road | 800.2 | Nov 5, 2025 | $1,522,600 | 1,903 | 2,456 | 3.8 mi | 69 |
| MI-627308 Landlocked · Power at road | 119.5 | Jul 24, 2025 | $192,400 | 1,610 | 1,786 | 4.6 mi | 62 |
| MI-827448 Gravel · Full utilities | 132.3 | Oct 20, 2024 | $377,500 | 2,854 | 1,867 | 6.1 mi | 59 |
Show adjustment detail for the top comp
- Tract size (451.83 ac → 387.5 ac)+4.7%
- Access (Gravel → Paved)+18.0%
- Utilities (Full utilities → Off grid)-30.3%
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.