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Burnett County, WI · Sold

WI-461120

7938 County Road 38

$8,000
$5,926/ac · 1.35 ac
Acreage1.35 ac
Price per acre$5,926/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedMay 13, 2024
Coordinates45.8422, -92.4580
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

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

View Burnett market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
26
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1.26 of 1.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,701
$7,061$12,341 · $7,186/ac on 1.35 ac
Asking vs estimate
-17.5%
Priced below 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 $8,000
Maximum allowable offer
$5,543
$4,106/ac · +30.0% target margin

You need $2,457 off asking to hit this margin.

All-in cost$6,014
Net resale$8,925
Projected profit$2,911
ROI+48.4%
Annualized+69.3%
Break-even resale$4,842/ac
Profit if resale lands off target
-20%
$1,126
-10%
$2,018
0%
$2,911
+10%
$3,803
+20%
$4,696
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-961386
Dirt · Power at road
1.6May 12, 2026$7,5004,5684,4672.2 mi
87
WI-340902
Dirt · Power at road
1.1Jul 27, 2026$12,10010,49910,1293.4 mi
84
WI-292144
Dirt · Full utilities
2.8Jun 6, 2026$15,2005,3534,3306.6 mi
79
WI-861848
Gravel · Full utilities
2.3Jul 22, 2026$28,40012,4148,5457.5 mi
77
WI-350482
Landlocked · Off grid
0.8Feb 13, 2026$3,5004,1306,0225.1 mi
76
WI-611236
Dirt · Power at road
1.5Sep 25, 2024$8,3005,6485,8888.0 mi
71
WI-340069
Landlocked · Off grid
0.6Oct 8, 2024$3,2005,0687,7834.5 mi
70
WI-480796
Gravel · Power at road
1.1Mar 14, 2025$11,10010,3959,11311.3 mi
68
WI-262813
Gravel · Off grid
4.6Jul 27, 2026$32,9007,1427,2107.0 mi
68
WI-622809
Gravel · Off grid
4.6Feb 13, 2026$39,8008,6678,9143.8 mi
66
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+1.1%

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.