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Douglas County, WI · Sold

WI-754659

1540 County Road 231

$87,100
$4,966/ac · 17.54 ac
Acreage17.54 ac
Price per acre$4,966/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 20, 2026
Coordinates46.4869, -91.9647
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

722 ft of deeded road frontage.

Power9,882 ft away

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

Buildable area15.21 of 17.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$58,049
$50,435$65,664 · $3,310/ac on 17.54 ac
Asking vs estimate
+50.0%
Priced above 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 $87,100
Maximum allowable offer
$33,171
$1,891/ac · +30.0% target margin

You need $53,929 off asking to hit this margin.

All-in cost$35,991
Net resale$53,405
Projected profit$17,415
ROI+48.4%
Annualized+69.2%
Break-even resale$2,230/ac
Profit if resale lands off target
-20%
$6,734
-10%
$12,074
0%
$17,415
+10%
$22,755
+20%
$28,096
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-153887
Dirt · Off grid
10.0Jul 27, 2026$32,5003,2403,0737.8 mi
79
WI-175278
Dirt · Full utilities
27.5Jun 16, 2026$122,9004,4753,3359.5 mi
77
WI-653981
Gravel · Off grid
10.7Dec 31, 2025$43,8004,0803,4275.3 mi
74
WI-623271
Dirt · Full utilities
6.4Jun 18, 2026$27,1004,2272,7228.3 mi
71
WI-154358
Paved · Full utilities
14.1Mar 15, 2024$85,7006,0813,3219.7 mi
70
WI-685429
Gravel · Off grid
30.6Jan 7, 2025$117,7003,8413,8113.7 mi
69
WI-825801
Gravel · Full utilities
40.1Feb 2, 2026$231,7005,7774,0077.0 mi
67
WI-365311
Landlocked · Off grid
28.1Nov 5, 2024$74,1002,6363,8217.5 mi
67
WI-166319
Gravel · Off grid
58.4Aug 2, 2025$147,3002,5232,7621.6 mi
66
WI-745773
Gravel · Power at road
39.3Nov 28, 2023$120,4003,0642,8161.9 mi
61
Show adjustment detail for the top comp
  • Tract size (10.02 ac → 17.54 ac)-5.4%

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.