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Kenai Peninsula County, AK · Sold

AK-107473

8824 County Road 124

$123,900
$345/ac · 359 ac
Acreage359 ac
Price per acre$345/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedDec 31, 2024
Coordinates60.4949, -152.4941
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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

Kenai Peninsula County, Alaska. Remote off-grid acreage; access and season length drive value more than size.

View Kenai Peninsula market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,225 ft of deeded road frontage.

Power3,358 ft away

Service extension needed; get a utility quote.

Buildable area331.94 of 359.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$123,909
$112,382$135,435 · $345/ac on 359 ac
Asking vs estimate
-0.0%
In line with 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 $123,900
Maximum allowable offer
$70,805
$197/ac · +30.0% target margin

You need $53,095 off asking to hit this margin.

All-in cost$76,823
Net resale$113,996
Projected profit$37,172
ROI+48.4%
Annualized+69.2%
Break-even resale$233/ac
Profit if resale lands off target
-20%
$14,373
-10%
$25,773
0%
$37,172
+10%
$48,572
+20%
$59,972
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-187796
Gravel · Off grid
453.8Jul 27, 2026$156,0003443693.4 mi
87
AK-697146
Landlocked · Full utilities
283.4Jul 27, 2026$99,1003503355.0 mi
82
AK-827636
Gravel · Off grid
404.1Jul 27, 2026$134,80033434620.5 mi
81
AK-387271
Gravel · Power at road
310.2Jun 12, 2025$138,6004473827.0 mi
76
AK-578751
Dirt · Off grid
906.4Jul 27, 2026$168,2001862869.1 mi
72
Show adjustment detail for the top comp
  • Tract size (453.78 ac → 359.11 ac)+7.2%

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.