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Alger County, MI · Sold

MI-320790

4126 County Road 274

$6,700
$6,321/ac · 1.06 ac
Acreage1.06 ac
Price per acre$6,321/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJul 2, 2024
Coordinates46.5189, -86.7232
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
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

106 ft of deeded road frontage.

Power36 ft away

Power at or near the road.

Buildable area0.92 of 1.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,551
$4,843$8,260 · $6,180/ac on 1.06 ac
Asking vs estimate
+2.3%
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 $6,700
Maximum allowable offer
$3,744
$3,532/ac · +30.0% target margin

You need $2,956 off asking to hit this margin.

All-in cost$4,062
Net resale$6,027
Projected profit$1,965
ROI+48.4%
Annualized+69.2%
Break-even resale$4,166/ac
Profit if resale lands off target
-20%
$759
-10%
$1,362
0%
$1,965
+10%
$2,568
+20%
$3,170
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-690250
Dirt · Power at road
0.7Jul 27, 2026$3,2004,3755,9957.2 mi
80
MI-802229
Dirt · Power at road
3.0Jul 27, 2026$9,6003,1664,4392.2 mi
79
MI-840300
Gravel · Off grid
0.8Mar 1, 2025$2,3003,0164,4299.1 mi
72
MI-711018
Gravel · Off grid
1.3Mar 30, 2024$4,5003,5725,4652.1 mi
72
MI-752042
Dirt · Power at road
2.6Jun 16, 2026$11,8004,5036,3208.3 mi
71
MI-592119
Gravel · Full utilities
2.8Dec 29, 2025$18,4006,6026,6687.6 mi
65
MI-240187
Gravel · Off grid
0.7Aug 16, 2024$3,3004,7597,1349.1 mi
64
MI-202178
Gravel · Full utilities
2.9May 8, 2024$27,2009,34610,0875.3 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%

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.