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Cheboygan County, MI · Sold

MI-142292

7787 County Road 219

$11,800
$3,734/ac · 3.16 ac
Acreage3.16 ac
Price per acre$3,734/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedNov 13, 2024
Coordinates45.5182, -84.4823
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

Cheboygan County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Cheboygan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
11
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

271 ft of deeded road frontage.

Power4,506 ft away

Service extension needed; get a utility quote.

Buildable area2.98 of 3.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,932
$14,531$17,333 · $5,042/ac on 3.16 ac
Asking vs estimate
-25.9%
Priced below 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 $11,800
Maximum allowable offer
$9,104
$2,881/ac · +30.0% target margin

You need $2,696 off asking to hit this margin.

All-in cost$9,878
Net resale$14,657
Projected profit$4,779
ROI+48.4%
Annualized+69.2%
Break-even resale$3,398/ac
Profit if resale lands off target
-20%
$1,848
-10%
$3,314
0%
$4,779
+10%
$6,245
+20%
$7,711
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-872469
Gravel · Power at road
3.6Jul 27, 2026$22,1006,1534,5260.9 mi
86
MI-902177
Landlocked · Power at road
2.9Aug 24, 2024$13,4004,6375,3850.1 mi
80
MI-961430
Dirt · Power at road
1.7Jul 27, 2026$9,6005,7104,7942.6 mi
80
MI-103145
Landlocked · Power at road
5.9Jul 27, 2026$27,4004,6825,1738.1 mi
74
MI-323319
Dirt · Power at road
6.6Mar 10, 2026$37,7005,6765,0728.0 mi
71
MI-373266
Landlocked · Power at road
6.4Jun 23, 2024$24,1003,7734,5551.0 mi
65
MI-463399
Gravel · Off grid
7.0Dec 31, 2023$38,1005,4185,3605.0 mi
61
MI-681233
Landlocked · Power at road
1.5Feb 3, 2025$7,8005,3366,0038.2 mi
61
MI-380700
Landlocked · Off grid
1.0Jan 10, 2025$3,5003,5314,6638.6 mi
59
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.