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Portage County, WI · Sold

WI-436774

8617 County Road 40

$589,800
$7,267/ac · 81.16 ac
Acreage81.16 ac
Price per acre$7,267/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedDec 17, 2023
Coordinates44.4732, -89.5628
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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

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

View Portage market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

898 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area67.31 of 81.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$645,916
$527,441$764,391 · $7,959/ac on 81.16 ac
Asking vs estimate
-8.7%
Priced below the comp set

Weighted from 8 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 $589,800
Maximum allowable offer
$369,095
$4,548/ac · +30.0% target margin

You need $220,705 off asking to hit this margin.

All-in cost$400,468
Net resale$594,243
Projected profit$193,775
ROI+48.4%
Annualized+69.2%
Break-even resale$5,363/ac
Profit if resale lands off target
-20%
$74,926
-10%
$134,351
0%
$193,775
+10%
$253,199
+20%
$312,623
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-806712
Gravel · Power at road
77.6Nov 12, 2024$530,0006,83110,4504.1 mi
75
WI-607947
Landlocked · Off grid
189.8Jul 27, 2026$460,2002,4247,5276.4 mi
72
WI-185578
Gravel · Off grid
34.1Jul 27, 2026$172,2005,0457,18110.6 mi
69
WI-197331
Gravel · Off grid
121.5Jul 18, 2024$477,6003,9317,9938.5 mi
69
WI-745782
Landlocked · Power at road
39.6Jul 25, 2025$164,6004,1617,9192.7 mi
68
WI-855460
Dirt · Power at road
31.3Jul 18, 2025$213,9006,8289,8777.3 mi
62
WI-985337
Gravel · Off grid
28.7Jun 19, 2025$120,8004,2156,1015.4 mi
62
WI-335643
Gravel · Off grid
35.8Aug 26, 2024$143,1004,0026,2047.1 mi
60
Show adjustment detail for the top comp
  • Tract size (77.59 ac → 81.16 ac)-1.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (21 mo)+7.4%

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.