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Bayfield County, WI · Sold

WI-758863

8583 County Road 213

$363,400
$986/ac · 369 ac
Acreage369 ac
Price per acre$986/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedAug 30, 2024
Coordinates46.7202, -91.1556
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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

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

View Bayfield market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

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.

Power10,820 ft away

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

Buildable area295.55 of 368.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$456,680
$391,347$522,012 · $1,239/ac on 369 ac
Asking vs estimate
-20.4%
Priced below the comp set

Weighted from 6 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 $363,400
Maximum allowable offer
$260,960
$708/ac · +30.0% target margin

You need $102,440 off asking to hit this margin.

All-in cost$283,142
Net resale$420,145
Projected profit$137,004
ROI+48.4%
Annualized+69.2%
Break-even resale$835/ac
Profit if resale lands off target
-20%
$52,975
-10%
$94,989
0%
$137,004
+10%
$179,018
+20%
$221,033
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-509770
Gravel · Power at road
711.1Jul 27, 2026$1,069,4001,5041,3443.6 mi
76
WI-927899
Landlocked · Full utilities
183.3Jan 22, 2026$318,3001,7361,2826.3 mi
74
WI-648021
Landlocked · Off grid
200.3Jul 27, 2026$276,8001,3821,47013.6 mi
73
WI-647815
Dirt · Power at road
172.5Mar 23, 2026$302,0001,7501,2188.7 mi
71
WI-347991
Paved · Power at road
196.0Apr 17, 2026$331,7001,69388611.0 mi
69
WI-667446
Gravel · Full utilities
132.1Jul 27, 2026$354,6002,6851,20910.0 mi
68
Show adjustment detail for the top comp
  • Tract size (711.08 ac → 368.61 ac)+21.9%
  • Access (Gravel → Dirt)-14.0%
  • 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.