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Bayfield County, WI · Sold

WI-594457

420 County Road 372

$39,800
$2,627/ac · 15.15 ac
Acreage15.15 ac
Price per acre$2,627/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMar 31, 2025
Coordinates46.6262, -91.0670
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

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

View Bayfield market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope15.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,612 ft away

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

Buildable area11.54 of 15.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,616
$24,326$38,907 · $2,087/ac on 15.15 ac
Asking vs estimate
+25.9%
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 $39,800
Maximum allowable offer
$18,067
$1,193/ac · +30.0% target margin

You need $21,733 off asking to hit this margin.

All-in cost$19,603
Net resale$29,087
Projected profit$9,484
ROI+48.4%
Annualized+69.2%
Break-even resale$1,406/ac
Profit if resale lands off target
-20%
$3,667
-10%
$6,576
0%
$9,484
+10%
$12,393
+20%
$15,302
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-604265
Gravel · Full utilities
13.2Jul 27, 2026$47,1003,5751,6736.1 mi
83
WI-962812
Paved · Off grid
4.6Jul 27, 2026$23,3005,0732,6916.7 mi
75
WI-894848
Dirt · Power at road
20.1Jun 11, 2025$63,6003,1612,30511.1 mi
73
WI-265038
Paved · Off grid
23.1Oct 9, 2025$99,9004,3282,7208.6 mi
72
WI-165732
Paved · Off grid
38.1Jun 12, 2026$106,1002,7801,8417.8 mi
71
WI-114981
Dirt · Off grid
22.1Oct 4, 2024$38,1001,7211,5377.6 mi
68
WI-295476
Gravel · Off grid
31.7Jul 25, 2024$66,1002,0871,7045.1 mi
64
WI-223354
Gravel · Full utilities
6.8Nov 5, 2024$21,6003,1741,5143.0 mi
63
WI-993470
Gravel · Off grid
7.4Jun 5, 2024$22,1002,9822,0865.8 mi
63
WI-782975
Landlocked · Power at road
5.2Apr 18, 2024$16,9003,2602,8094.7 mi
61
Show adjustment detail for the top comp
  • Tract size (13.18 ac → 15.15 ac)-1.4%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.