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Alger County, MI · Sold

MI-592119

7181 County Road 285

$18,100
$6,511/ac · 2.78 ac
Acreage2.78 ac
Price per acre$6,511/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedAug 3, 2025
Coordinates46.5902, -86.6027
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area2.53 of 2.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,654
$13,068$22,241 · $6,350/ac on 2.78 ac
Asking vs estimate
+2.5%
In line with 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 $18,100
Maximum allowable offer
$10,088
$3,629/ac · +30.0% target margin

You need $8,012 off asking to hit this margin.

All-in cost$10,945
Net resale$16,242
Projected profit$5,297
ROI+48.4%
Annualized+69.3%
Break-even resale$4,280/ac
Profit if resale lands off target
-20%
$2,048
-10%
$3,672
0%
$5,297
+10%
$6,921
+20%
$8,545
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-752042
Dirt · Power at road
2.6Jun 16, 2026$11,8004,5036,4231.0 mi
87
MI-802229
Dirt · Power at road
3.0Jul 27, 2026$9,6003,1664,5115.4 mi
84
MI-202178
Gravel · Full utilities
2.9May 8, 2024$27,2009,34610,2517.4 mi
80
MI-392603
Dirt · Off grid
4.0Jan 26, 2025$16,2004,0897,3509.2 mi
71
MI-792606
Paved · Off grid
4.0Sep 27, 2024$18,1004,5766,0744.3 mi
69
MI-363186
Dirt · Full utilities
6.0Mar 15, 2025$25,9004,3025,4633.7 mi
67
MI-833771
Dirt · Power at road
9.2Apr 1, 2026$29,0003,1404,7919.8 mi
63
MI-711018
Gravel · Off grid
1.3Mar 30, 2024$4,5003,5725,5545.9 mi
62
MI-320790
Paved · Power at road
1.1May 6, 2025$7,0006,6497,1207.6 mi
61
MI-193351
Landlocked · Power at road
6.8May 26, 2024$18,0002,6545,4026.5 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.