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Forest County, WI · Sold

WI-987832

2368 County Road 253

$692,900
$3,967/ac · 175 ac
Acreage175 ac
Price per acre$3,967/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedDec 13, 2025
Coordinates45.6510, -88.8511
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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

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

View Forest market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,817 ft of deeded road frontage.

Power9,070 ft away

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

Buildable area163.44 of 174.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$579,765
$488,602$670,928 · $3,319/ac on 175 ac
Asking vs estimate
+19.5%
Priced above 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 $692,900
Maximum allowable offer
$331,294
$1,897/ac · +30.0% target margin

You need $361,606 off asking to hit this margin.

All-in cost$359,454
Net resale$533,384
Projected profit$173,930
ROI+48.4%
Annualized+69.3%
Break-even resale$2,237/ac
Profit if resale lands off target
-20%
$67,253
-10%
$120,592
0%
$173,930
+10%
$227,268
+20%
$280,607
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-857757
Gravel · Power at road
165.4Feb 2, 2026$674,0004,0743,4893.8 mi
84
WI-548251
Dirt · Off grid
236.6Jul 27, 2026$698,8002,9533,7468.3 mi
80
WI-607447
Dirt · Full utilities
132.2Jan 25, 2025$563,1004,2613,4133.9 mi
76
WI-488101
Paved · Power at road
212.2Sep 4, 2025$974,6004,5923,6307.3 mi
74
WI-206170
Gravel · Power at road
52.4Sep 26, 2025$256,1004,8883,2216.4 mi
64
WI-339245
Paved · Power at road
486.1Jul 28, 2024$939,5001,9332,0339.1 mi
56
Show adjustment detail for the top comp
  • Tract size (165.43 ac → 174.66 ac)-1.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.2%

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.