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Alger County, MI · Sold

MI-202178

2185 County Road 296

$26,000
$8,935/ac · 2.91 ac
Acreage2.91 ac
Price per acre$8,935/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJan 31, 2024
Coordinates46.4839, -86.6234
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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.1%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

180 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.97 of 2.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,316
$14,606$20,026 · $5,950/ac on 2.91 ac
Asking vs estimate
+50.2%
Priced above 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 $26,000
Maximum allowable offer
$9,895
$3,400/ac · +30.0% target margin

You need $16,105 off asking to hit this margin.

All-in cost$10,736
Net resale$15,930
Projected profit$5,194
ROI+48.4%
Annualized+69.2%
Break-even resale$4,010/ac
Profit if resale lands off target
-20%
$2,008
-10%
$3,601
0%
$5,194
+10%
$6,787
+20%
$8,380
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-592119
Gravel · Full utilities
2.8Dec 29, 2025$18,4006,6026,7687.4 mi
88
MI-802229
Dirt · Power at road
3.0Jul 27, 2026$9,6003,1664,5054.8 mi
85
MI-752042
Dirt · Power at road
2.6Jun 16, 2026$11,8004,5036,4147.5 mi
81
MI-392603
Dirt · Off grid
4.0Jan 26, 2025$16,2004,0897,3412.3 mi
77
MI-792606
Paved · Off grid
4.0Sep 27, 2024$18,1004,5766,0674.5 mi
69
MI-833771
Dirt · Power at road
9.2Apr 1, 2026$29,0003,1404,7852.5 mi
69
MI-363186
Dirt · Full utilities
6.0Mar 15, 2025$25,9004,3025,4564.9 mi
66
MI-711018
Gravel · Off grid
1.3Mar 30, 2024$4,5003,5725,5473.7 mi
63
MI-320790
Paved · Power at road
1.1May 6, 2025$7,0006,6497,1115.3 mi
62
MI-193351
Landlocked · Power at road
6.8May 26, 2024$18,0002,6545,3952.8 mi
61
Show adjustment detail for the top comp
  • Market time (8 mo)+2.6%

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.