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Lake and Peninsula County, AK · Sold

AK-288018

5904 County Road 32

$124,900
$234/ac · 533 ac
Acreage533 ac
Price per acre$234/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedAug 28, 2024
Coordinates57.9437, -156.1764
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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

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

View Lake and Peninsula market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
58
High risk
Wetlands32.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power214 ft away

Power at or near the road.

Buildable area344.29 of 532.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$102,546
$80,669$124,423 · $192/ac on 533 ac
Asking vs estimate
+21.8%
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 $124,900
Maximum allowable offer
$58,598
$110/ac · +30.0% target margin

You need $66,302 off asking to hit this margin.

All-in cost$63,579
Net resale$94,342
Projected profit$30,763
ROI+48.4%
Annualized+69.2%
Break-even resale$130/ac
Profit if resale lands off target
-20%
$11,895
-10%
$21,329
0%
$30,763
+10%
$40,198
+20%
$49,632
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-268124
Gravel · Power at road
575.5Jul 27, 2026$133,1002311616.1 mi
86
AK-848796
Landlocked · Off grid
936.4Jul 27, 2026$103,30011015512.9 mi
74
AK-189225
Gravel · Off grid
1277.7Jul 27, 2026$238,2001861962.2 mi
74
AK-917482
Paved · Full utilities
361.4Dec 30, 2025$137,40038016412.5 mi
70
AK-377469
Gravel · Power at road
358.1Apr 2, 2025$149,70041826728.0 mi
61
AK-186612
Landlocked · Power at road
192.5Jun 22, 2024$56,90029624017.8 mi
56
Show adjustment detail for the top comp
  • Tract size (575.49 ac → 532.95 ac)+2.4%
  • Access (Gravel → Landlocked)-32.0%

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.