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Portage County, WI · Sold

WI-197331

553 County Road 183

$514,700
$4,236/ac · 122 ac
Acreage122 ac
Price per acre$4,236/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedOct 25, 2023
Coordinates44.5328, -89.4115
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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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands7.8% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,126 ft of deeded road frontage.

Power11,968 ft away

A long utility run — price in solar/off-grid instead.

Buildable area106.42 of 121.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$546,374
$441,648$651,101 · $4,497/ac on 122 ac
Asking vs estimate
-5.8%
Priced below 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 $514,700
Maximum allowable offer
$312,214
$2,570/ac · +30.0% target margin

You need $202,486 off asking to hit this margin.

All-in cost$338,752
Net resale$502,665
Projected profit$163,912
ROI+48.4%
Annualized+69.2%
Break-even resale$3,031/ac
Profit if resale lands off target
-20%
$63,379
-10%
$113,646
0%
$163,912
+10%
$214,179
+20%
$264,445
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-607947
Landlocked · Off grid
189.8Jul 27, 2026$460,2002,4244,0258.9 mi
78
WI-806712
Gravel · Power at road
77.6Nov 12, 2024$530,0006,8315,5885.4 mi
69
WI-436774
Paved · Full utilities
81.2May 13, 2024$575,1007,0854,1488.5 mi
68
WI-335643
Gravel · Off grid
35.8Aug 26, 2024$143,1004,0023,3181.8 mi
64
WI-108968
Paved · Off grid
397.7Aug 21, 2025$1,859,6004,6755,75111.0 mi
60
WI-745782
Landlocked · Power at road
39.6Jul 25, 2025$164,6004,1614,23510.5 mi
59
Show adjustment detail for the top comp
  • Tract size (189.84 ac → 121.5 ac)+12.7%
  • Access (Landlocked → Gravel)+47.1%

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.