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Alger County, MI · Sold

MI-240187

6725 County Road 353

$3,300
$4,783/ac · 0.69 ac
Acreage0.69 ac
Price per acre$4,783/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJan 15, 2024
Coordinates46.4306, -86.5807
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

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,122 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.59 of 0.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,101
$2,285$3,917 · $4,494/ac on 0.69 ac
Asking vs estimate
+6.4%
Priced above 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 $3,300
Maximum allowable offer
$1,772
$2,568/ac · +30.0% target margin

You need $1,528 off asking to hit this margin.

All-in cost$1,923
Net resale$2,853
Projected profit$930
ROI+48.4%
Annualized+69.2%
Break-even resale$3,029/ac
Profit if resale lands off target
-20%
$360
-10%
$645
0%
$930
+10%
$1,215
+20%
$1,501
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-690250
Dirt · Power at road
0.7Jul 27, 2026$3,2004,3754,3353.8 mi
87
MI-840300
Gravel · Off grid
0.8Mar 1, 2025$2,3003,0163,2030.1 mi
83
MI-320790
Paved · Power at road
1.1May 6, 2025$7,0006,6495,0669.1 mi
67
MI-592119
Gravel · Full utilities
2.8Dec 29, 2025$18,4006,6024,82211.1 mi
67
MI-711018
Gravel · Off grid
1.3Mar 30, 2024$4,5003,5723,9527.8 mi
66
MI-802229
Dirt · Power at road
3.0Jul 27, 2026$9,6003,1663,2109.0 mi
64
MI-752042
Dirt · Power at road
2.6Jun 16, 2026$11,8004,5034,57011.0 mi
63
MI-202178
Gravel · Full utilities
2.9May 8, 2024$27,2009,3467,2944.2 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.