← New search
Oconto County, WI · Sold

WI-178962

2422 County Road 381

$1,499,300
$3,786/ac · 396 ac
Acreage396 ac
Price per acre$3,786/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJul 1, 2024
Coordinates44.9417, -88.2286
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,110 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area338.96 of 396.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,139,867
$820,704$1,459,029 · $2,878/ac on 396 ac
Asking vs estimate
+31.5%
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 $1,499,300
Maximum allowable offer
$651,352
$1,645/ac · +30.0% target margin

You need $847,948 off asking to hit this margin.

All-in cost$706,717
Net resale$1,048,677
Projected profit$341,960
ROI+48.4%
Annualized+69.2%
Break-even resale$1,940/ac
Profit if resale lands off target
-20%
$132,225
-10%
$237,093
0%
$341,960
+10%
$446,828
+20%
$551,696
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-179590
Gravel · Off grid
624.1Jul 12, 2026$1,083,2001,7352,4678.8 mi
80
WI-268634
Gravel · Full utilities
312.3Jul 15, 2025$753,1002,4122,0226.4 mi
75
WI-397821
Gravel · Power at road
173.3Dec 27, 2025$436,7002,5202,1425.3 mi
68
WI-999638
Landlocked · Power at road
646.2May 13, 2024$1,564,9002,4224,7438.0 mi
63
WI-656367
Paved · Off grid
60.4Apr 4, 2025$335,1005,5453,7353.0 mi
60
WI-366000
Dirt · Power at road
46.3Dec 17, 2024$152,5003,2922,4784.8 mi
55
Show adjustment detail for the top comp
  • Tract size (624.15 ac → 396.01 ac)+14.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.