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Ketchikan Gateway County, AK · Sold

AK-605385

8198 County Road 218

$53,100
$671/ac · 79.12 ac
Acreage79.12 ac
Price per acre$671/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedNov 9, 2023
Coordinates55.4182, -131.0383
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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

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

View Ketchikan Gateway market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands16.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

697 ft of deeded road frontage.

Power9,140 ft away

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

Buildable area62.84 of 79.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$47,535
$40,504$54,567 · $601/ac on 79.12 ac
Asking vs estimate
+11.7%
Priced above 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 $53,100
Maximum allowable offer
$27,163
$343/ac · +30.0% target margin

You need $25,937 off asking to hit this margin.

All-in cost$29,472
Net resale$43,733
Projected profit$14,261
ROI+48.4%
Annualized+69.3%
Break-even resale$405/ac
Profit if resale lands off target
-20%
$5,514
-10%
$9,887
0%
$14,261
+10%
$18,634
+20%
$23,007
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-255906
Landlocked · Off grid
115.4Jul 27, 2026$45,2003916326.6 mi
80
AK-426326
Dirt · Power at road
156.4Jul 27, 2026$75,9004855712.2 mi
77
AK-556591
Paved · Off grid
189.6Jul 27, 2026$115,1006076457.6 mi
73
AK-875229
Dirt · Power at road
70.7Dec 4, 2023$46,50065770511.2 mi
67
AK-784029
Dirt · Off grid
29.6Jul 20, 2024$12,2004114286.9 mi
60
Show adjustment detail for the top comp
  • Tract size (115.4 ac → 79.12 ac)+9.6%
  • Access (Landlocked → Gravel)+47.1%

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.