MI-229385
5398 County Road 297
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.
Cheboygan County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Cheboygan market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Rolling to steep in places; pad prep likely.
Moderate flood hazard on part of the tract.
4,187 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $674,071 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-158930 Landlocked · Off grid | 386.9 | Jul 27, 2026 | $743,800 | 1,922 | 3,019 | 8.5 mi | 82 |
| MI-128760 Gravel · Power at road | 342.1 | Jul 27, 2026 | $984,000 | 2,876 | 2,518 | 8.9 mi | 80 |
| MI-649135 Gravel · Off grid | 448.9 | Mar 4, 2025 | $1,017,300 | 2,266 | 2,678 | 3.1 mi | 77 |
| MI-908248 Dirt · Power at road | 236.1 | Jun 10, 2025 | $671,200 | 2,843 | 2,722 | 6.2 mi | 66 |
| MI-707798 Dirt · Power at road | 170.4 | Nov 9, 2024 | $460,700 | 2,704 | 2,419 | 11.4 mi | 56 |
Show adjustment detail for the top comp
- Tract size (386.94 ac → 538.01 ac)-9.4%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Off grid → Power at road)+17.6%
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.