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Marinette County, WI · Sold

WI-208448

9849 County Road 396

$1,074,400
$3,937/ac · 273 ac
Acreage273 ac
Price per acre$3,937/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedOct 29, 2023
Coordinates45.3389, -88.0438
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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

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

View Marinette market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands23.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power103 ft away

Power at or near the road.

Buildable area199.37 of 272.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$743,650
$604,082$883,217 · $2,725/ac on 273 ac
Asking vs estimate
+44.5%
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 $1,074,400
Maximum allowable offer
$424,943
$1,557/ac · +30.0% target margin

You need $649,457 off asking to hit this margin.

All-in cost$461,063
Net resale$684,158
Projected profit$223,095
ROI+48.4%
Annualized+69.2%
Break-even resale$1,836/ac
Profit if resale lands off target
-20%
$86,263
-10%
$154,679
0%
$223,095
+10%
$291,510
+20%
$359,926
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-919327
Dirt · Full utilities
515.9Jul 11, 2026$1,363,5002,6433,6045.4 mi
79
WI-448351
Paved · Power at road
254.4Sep 8, 2024$684,1002,6892,8505.2 mi
77
WI-647841
Dirt · Full utilities
175.8Jul 27, 2026$526,0002,9922,9807.5 mi
77
WI-787736
Gravel · Full utilities
162.9Jul 5, 2026$632,2003,8803,2644.9 mi
76
WI-749744
Dirt · Power at road
697.8Jul 27, 2026$753,7001,0801,9662.0 mi
76
WI-769679
Gravel · Off grid
665.7Jul 27, 2026$782,1001,1752,1334.8 mi
72
WI-388984
Gravel · Power at road
402.4May 9, 2025$708,0001,7602,4514.6 mi
72
WI-399754
Landlocked · Full utilities
702.9Jul 27, 2026$959,5001,3652,5825.6 mi
72
WI-237418
Landlocked · Full utilities
129.4Feb 6, 2026$338,4002,6153,0954.9 mi
70
WI-706939
Gravel · Power at road
91.5Jun 12, 2026$227,0002,4822,2039.3 mi
68
Show adjustment detail for the top comp
  • Tract size (515.88 ac → 272.9 ac)+20.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (1 mo)+0.4%

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.