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Bayfield County, WI · Sold

WI-165732

1127 County Road 37

$121,200
$3,177/ac · 38.15 ac
Acreage38.15 ac
Price per acre$3,177/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMay 23, 2025
Coordinates46.6743, -91.2155
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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

4 items to verify before you offer.

Risk index
19
Low risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,161 ft of deeded road frontage.

Power5,192 ft away

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

Buildable area30.59 of 38.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$124,584
$89,701$159,468 · $3,266/ac on 38.15 ac
Asking vs estimate
-2.7%
In line with 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 $121,200
Maximum allowable offer
$71,191
$1,866/ac · +30.0% target margin

You need $50,009 off asking to hit this margin.

All-in cost$77,242
Net resale$114,617
Projected profit$37,375
ROI+48.4%
Annualized+69.2%
Break-even resale$2,201/ac
Profit if resale lands off target
-20%
$14,452
-10%
$25,913
0%
$37,375
+10%
$48,837
+20%
$60,299
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-626363
Paved · Full utilities
60.3May 26, 2026$349,5005,8004,4623.0 mi
80
WI-446854
Gravel · Off grid
86.0Jul 27, 2026$126,7001,4732,0651.1 mi
78
WI-487032
Paved · Power at road
97.8Jul 14, 2026$498,6005,0965,3178.1 mi
77
WI-265038
Paved · Off grid
23.1Oct 9, 2025$99,9004,3284,1383.1 mi
76
WI-295476
Gravel · Off grid
31.7Jul 25, 2024$66,1002,0872,5923.1 mi
73
WI-505648
Gravel · Power at road
35.9Jan 30, 2024$80,3002,2372,4576.6 mi
70
WI-604265
Gravel · Full utilities
13.2Jul 27, 2026$47,1003,5752,5455.7 mi
70
WI-667446
Gravel · Full utilities
132.1Jul 27, 2026$354,6002,6852,9196.4 mi
68
WI-894848
Dirt · Power at road
20.1Jun 11, 2025$63,6003,1613,5063.9 mi
67
WI-114981
Dirt · Off grid
22.1Oct 4, 2024$38,1001,7212,3374.8 mi
67
Show adjustment detail for the top comp
  • Tract size (60.26 ac → 38.15 ac)+9.4%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (3 mo)+0.9%

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.