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Monroe County, WI · Sold

WI-421622

2909 County Road 240

$11,400
$5,876/ac · 1.94 ac
Acreage1.94 ac
Price per acre$5,876/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJun 30, 2024
Coordinates43.9001, -90.6347
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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

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

View Monroe market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

322 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.67 of 1.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,963
$11,312$16,615 · $7,198/ac on 1.94 ac
Asking vs estimate
-18.4%
Priced below 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 $11,400
Maximum allowable offer
$7,979
$4,113/ac · +30.0% target margin

You need $3,421 off asking to hit this margin.

All-in cost$8,657
Net resale$12,846
Projected profit$4,189
ROI+48.4%
Annualized+69.3%
Break-even resale$4,851/ac
Profit if resale lands off target
-20%
$1,620
-10%
$2,904
0%
$4,189
+10%
$5,474
+20%
$6,758
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-431998
Paved · Power at road
2.5Apr 14, 2026$21,4008,4077,6271.3 mi
81
WI-341738
Dirt · Off grid
2.1May 22, 2025$10,4004,9257,4495.6 mi
78
WI-940529
Paved · Power at road
0.9Jul 27, 2026$8,0009,1308,0482.9 mi
75
WI-752213
Gravel · Power at road
3.0Apr 3, 2026$23,0007,7278,3176.2 mi
75
WI-822531
Gravel · Off grid
3.8Jul 27, 2026$13,4003,5644,4875.5 mi
75
Show adjustment detail for the top comp
  • Tract size (2.55 ac → 1.94 ac)+0.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.4%

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.