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Vilas County, WI · Sold

WI-372997

4582 County Road 188

$22,500
$4,278/ac · 5.26 ac
Acreage5.26 ac
Price per acre$4,278/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedApr 10, 2024
Coordinates46.0762, -89.5855
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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

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

View Vilas market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,650 ft away

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

Buildable area4.41 of 5.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,999
$16,344$27,655 · $4,182/ac on 5.26 ac
Asking vs estimate
+2.3%
In line with the comp set

Weighted from 9 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 $22,500
Maximum allowable offer
$12,571
$2,390/ac · +30.0% target margin

You need $9,929 off asking to hit this margin.

All-in cost$13,640
Net resale$20,239
Projected profit$6,600
ROI+48.4%
Annualized+69.2%
Break-even resale$2,819/ac
Profit if resale lands off target
-20%
$2,552
-10%
$4,576
0%
$6,600
+10%
$8,624
+20%
$10,648
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WI-153155
Paved · Off grid
5.9Jul 27, 2026$28,0004,7502,7595.4 mi
85
WI-673546
Dirt · Power at road
7.8Mar 15, 2026$56,1007,1635,0104.0 mi
76
WI-771919
Paved · Full utilities
2.4Jul 27, 2026$21,6008,9503,5052.9 mi
76
WI-721812
Dirt · Off grid
2.2Jun 4, 2026$10,2004,5703,5402.7 mi
75
WI-481327
Landlocked · Off grid
1.6Dec 4, 2025$5,4003,4533,4305.6 mi
72
WI-562380
Paved · Off grid
3.4Jun 10, 2024$24,8007,3944,5703.1 mi
69
WI-981920
Gravel · Power at road
2.4Jan 12, 2025$22,7009,4125,6494.6 mi
63
WI-474700
Dirt · Off grid
18.1Mar 31, 2025$120,7006,6826,1714.0 mi
62
WI-884463
Gravel · Off grid
15.2Jun 14, 2024$69,6004,5743,6754.4 mi
60
Show adjustment detail for the top comp
  • Tract size (5.9 ac → 5.26 ac)+0.6%
  • Access (Paved → Landlocked)-42.4%

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.