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Ashland County, WI · Sold

WI-239260

8864 County Road 31

$1,511,700
$3,076/ac · 491 ac
Acreage491 ac
Price per acre$3,076/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedMay 16, 2025
Coordinates46.4931, -90.7641
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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

Ashland County, Wisconsin. Driftless recreational tracts and northwoods hunting land.

View Ashland market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope27.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,830 ft away

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

Buildable area274.51 of 491.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,313,534
$1,032,030$1,595,038 · $2,673/ac on 491 ac
Asking vs estimate
+15.1%
Priced above the comp set

Weighted from 5 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 $1,511,700
Maximum allowable offer
$750,591
$1,527/ac · +30.0% target margin

You need $761,109 off asking to hit this margin.

All-in cost$814,391
Net resale$1,208,451
Projected profit$394,060
ROI+48.4%
Annualized+69.2%
Break-even resale$1,801/ac
Profit if resale lands off target
-20%
$152,370
-10%
$273,215
0%
$394,060
+10%
$514,905
+20%
$635,750
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-769227
Dirt · Power at road
479.8Feb 20, 2025$1,226,0002,5553,1437.6 mi
78
WI-429624
Gravel · Full utilities
639.7Feb 8, 2026$2,042,9003,1932,9065.3 mi
77
WI-729912
Gravel · Full utilities
788.1Dec 29, 2025$2,294,6002,9112,83812.7 mi
73
WI-567726
Gravel · Power at road
161.8Jul 24, 2025$315,5001,9511,4841.5 mi
65
WI-908713
Paved · Power at road
330.6Mar 5, 2024$1,126,2003,4062,83712.7 mi
64
Show adjustment detail for the top comp
  • Tract size (479.83 ac → 491.43 ac)-0.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (18 mo)+6.2%

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.