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Alger County, MI · Sold

MI-464649

6725 County Road 85

$67,600
$3,883/ac · 17.41 ac
Acreage17.41 ac
Price per acre$3,883/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJul 13, 2024
Coordinates46.5973, -86.6822
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
3
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

718 ft of deeded road frontage.

Power39 ft away

Power at or near the road.

Buildable area15.99 of 17.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,395
$51,411$89,379 · $4,043/ac on 17.41 ac
Asking vs estimate
-4.0%
In line with the comp set

Weighted from 7 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 $67,600
Maximum allowable offer
$40,226
$2,310/ac · +30.0% target margin

You need $27,374 off asking to hit this margin.

All-in cost$43,645
Net resale$64,763
Projected profit$21,118
ROI+48.4%
Annualized+69.2%
Break-even resale$2,725/ac
Profit if resale lands off target
-20%
$8,165
-10%
$14,642
0%
$21,118
+10%
$27,594
+20%
$34,071
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-675445
Dirt · Off grid
31.0Mar 22, 2026$146,1004,7136,1125.4 mi
75
MI-935967
Dirt · Power at road
45.2Jul 27, 2026$118,4002,6183,0416.8 mi
75
MI-833771
Dirt · Power at road
9.2Apr 1, 2026$29,0003,1403,00110.2 mi
74
MI-503894
Dirt · Power at road
10.1Oct 3, 2024$45,3004,4904,58910.5 mi
67
MI-105228
Dirt · Full utilities
26.5Apr 19, 2024$129,0004,8724,6369.4 mi
66
MI-363186
Dirt · Full utilities
6.0Mar 15, 2025$25,9004,3023,4223.4 mi
65
MI-193351
Landlocked · Power at road
6.8May 26, 2024$18,0002,6543,3848.6 mi
59
Show adjustment detail for the top comp
  • Tract size (30.99 ac → 17.41 ac)+8.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.7%

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.