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Douglas County, WI · Sold

WI-309793

1396 County Road 47

$929,500
$1,286/ac · 723 ac
Acreage723 ac
Price per acre$1,286/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMar 29, 2024
Coordinates46.5032, -91.9518
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

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

View Douglas market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
18
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

6,126 ft of deeded road frontage.

Power2,532 ft away

Service extension needed; get a utility quote.

Buildable area594.15 of 723.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,204,818
$976,602$1,433,035 · $1,666/ac on 723 ac
Asking vs estimate
-22.9%
Priced below the comp set

Weighted from 5 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 $929,500
Maximum allowable offer
$688,468
$952/ac · +30.0% target margin

You need $241,032 off asking to hit this margin.

All-in cost$746,988
Net resale$1,108,433
Projected profit$361,445
ROI+48.4%
Annualized+69.2%
Break-even resale$1,123/ac
Profit if resale lands off target
-20%
$139,758
-10%
$250,602
0%
$361,445
+10%
$472,288
+20%
$583,132
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-238226
Gravel · Off grid
232.4Jul 27, 2026$598,0002,5741,5833.9 mi
72
WI-987927
Gravel · Off grid
187.1Jul 27, 2026$568,5003,0381,7592.2 mi
72
WI-777643
Landlocked · Off grid
152.3Dec 28, 2024$221,6001,4551,2494.6 mi
62
WI-327876
Gravel · Power at road
180.3Oct 16, 2024$534,9002,9661,5538.9 mi
54
WI-507744
Paved · Power at road
163.9Nov 28, 2024$859,2005,2432,2558.6 mi
53
Show adjustment detail for the top comp
  • Tract size (232.36 ac → 723.03 ac)-28.6%
  • Access (Gravel → Dirt)-14.0%

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.