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Bayfield County, WI · Sold

WI-647815

5375 County Road 223

$289,800
$1,680/ac · 173 ac
Acreage173 ac
Price per acre$1,680/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedOct 5, 2025
Coordinates46.6167, -91.0511
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

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope16.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,006 ft of deeded road frontage.

Power100 ft away

Power at or near the road.

Buildable area134.84 of 172.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$351,109
$252,799$449,420 · $2,035/ac on 173 ac
Asking vs estimate
-17.5%
Priced below the comp set

Weighted from 9 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 $289,800
Maximum allowable offer
$200,634
$1,163/ac · +30.0% target margin

You need $89,166 off asking to hit this margin.

All-in cost$217,688
Net resale$323,020
Projected profit$105,333
ROI+48.4%
Annualized+69.2%
Break-even resale$1,372/ac
Profit if resale lands off target
-20%
$40,729
-10%
$73,031
0%
$105,333
+10%
$137,635
+20%
$169,937
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-347991
Paved · Power at road
196.0Apr 17, 2026$331,7001,6931,2955.8 mi
83
WI-648021
Landlocked · Off grid
200.3Jul 27, 2026$276,8001,3822,1486.0 mi
82
WI-487032
Paved · Power at road
97.8Jul 14, 2026$498,6005,0963,2177.3 mi
81
WI-667446
Gravel · Full utilities
132.1Jul 27, 2026$354,6002,6851,7668.3 mi
79
WI-927899
Landlocked · Full utilities
183.3Jan 22, 2026$318,3001,7361,8739.1 mi
78
WI-446854
Gravel · Off grid
86.0Jul 27, 2026$126,7001,4731,2507.8 mi
73
WI-626363
Paved · Full utilities
60.3May 26, 2026$349,5005,8002,70011.7 mi
65
WI-758863
Dirt · Off grid
368.6Jan 31, 2025$332,9009031,4058.7 mi
64
WI-836529
Dirt · Power at road
68.0Sep 10, 2024$218,2003,2102,7519.7 mi
62
Show adjustment detail for the top comp
  • Tract size (195.98 ac → 172.52 ac)+3.6%
  • Access (Paved → Dirt)-27.1%
  • Market time (4 mo)+1.4%

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.