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Alger County, MI · Sold

MI-392603

7617 County Road 36

$17,000
$4,304/ac · 3.95 ac
Acreage3.95 ac
Price per acre$4,304/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 2, 2024
Coordinates46.4629, -86.6614
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

175 ft of deeded road frontage.

Power4,968 ft away

Service extension needed; get a utility quote.

Buildable area3.62 of 3.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,623
$10,899$18,347 · $3,702/ac on 3.95 ac
Asking vs estimate
+16.3%
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 $17,000
Maximum allowable offer
$8,356
$2,115/ac · +30.0% target margin

You need $8,644 off asking to hit this margin.

All-in cost$9,066
Net resale$13,453
Projected profit$4,387
ROI+48.4%
Annualized+69.2%
Break-even resale$2,495/ac
Profit if resale lands off target
-20%
$1,696
-10%
$3,041
0%
$4,387
+10%
$5,732
+20%
$7,077
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-802229
Dirt · Power at road
3.0Jul 27, 2026$9,6003,1662,6735.3 mi
83
MI-752042
Dirt · Power at road
2.6Jun 16, 2026$11,8004,5033,8059.5 mi
77
MI-592119
Gravel · Full utilities
2.8Dec 29, 2025$18,4006,6024,0159.2 mi
76
MI-792606
Paved · Off grid
4.0Sep 27, 2024$18,1004,5763,5995.5 mi
76
MI-833771
Dirt · Power at road
9.2Apr 1, 2026$29,0003,1402,8391.0 mi
76
MI-202178
Gravel · Full utilities
2.9May 8, 2024$27,2009,3466,0742.3 mi
74
MI-363186
Dirt · Full utilities
6.0Mar 15, 2025$25,9004,3023,2376.1 mi
71
MI-193351
Landlocked · Power at road
6.8May 26, 2024$18,0002,6543,2015.1 mi
64
MI-503894
Dirt · Power at road
10.1Oct 3, 2024$45,3004,4904,3405.8 mi
62
MI-711018
Gravel · Off grid
1.3Mar 30, 2024$4,5003,5723,2914.2 mi
59
Show adjustment detail for the top comp
  • Tract size (3.02 ac → 3.95 ac)-0.9%
  • 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.