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Oconto County, WI · Sold

WI-999638

4156 County Road 38

$1,463,900
$2,265/ac · 646 ac
Acreage646 ac
Price per acre$2,265/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 5, 2023
Coordinates45.0052, -88.0916
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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

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

View Oconto market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands21.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power225 ft away

Power at or near the road.

Buildable area483.77 of 646.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$967,662
$736,975$1,198,348 · $1,497/ac on 646 ac
Asking vs estimate
+51.3%
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 $1,463,900
Maximum allowable offer
$552,950
$856/ac · +30.0% target margin

You need $910,950 off asking to hit this margin.

All-in cost$599,951
Net resale$890,249
Projected profit$290,298
ROI+48.4%
Annualized+69.2%
Break-even resale$1,009/ac
Profit if resale lands off target
-20%
$112,248
-10%
$201,273
0%
$290,298
+10%
$379,323
+20%
$468,348
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-179590
Gravel · Off grid
624.1Jul 12, 2026$1,083,2001,7351,3794.9 mi
85
WI-268634
Gravel · Full utilities
312.3Jul 15, 2025$753,1002,4121,1302.9 mi
68
WI-178962
Dirt · Full utilities
396.0Feb 4, 2025$1,239,9003,1311,8638.0 mi
65
WI-397821
Gravel · Power at road
173.3Dec 27, 2025$436,7002,5201,1989.4 mi
62
WI-656367
Paved · Off grid
60.4Apr 4, 2025$335,1005,5452,0888.4 mi
50
Show adjustment detail for the top comp
  • Tract size (624.15 ac → 646.23 ac)-1.1%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.