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Cheboygan County, MI · Sold

MI-323319

6385 County Road 317

$42,300
$6,370/ac · 6.64 ac
Acreage6.64 ac
Price per acre$6,370/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedSep 18, 2025
Coordinates45.4032, -84.4719
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

367 ft of deeded road frontage.

Power21 ft away

Power at or near the road.

Buildable area6.21 of 6.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,566
$32,017$45,114 · $5,808/ac on 6.64 ac
Asking vs estimate
+9.7%
Priced above 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 $42,300
Maximum allowable offer
$22,038
$3,319/ac · +30.0% target margin

You need $20,262 off asking to hit this margin.

All-in cost$23,911
Net resale$35,481
Projected profit$11,569
ROI+48.4%
Annualized+69.2%
Break-even resale$3,914/ac
Profit if resale lands off target
-20%
$4,473
-10%
$8,021
0%
$11,569
+10%
$15,117
+20%
$18,665
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-103145
Landlocked · Power at road
5.9Jul 27, 2026$27,4004,6825,8941.1 mi
88
MI-872469
Gravel · Power at road
3.6Jul 27, 2026$22,1006,1535,1588.2 mi
80
MI-373266
Landlocked · Power at road
6.4Jun 23, 2024$24,1003,7735,1907.0 mi
74
MI-463399
Gravel · Off grid
7.0Dec 31, 2023$38,1005,4186,1084.6 mi
71
MI-142292
Dirt · Off grid
3.2Jan 11, 2026$10,9003,4584,0388.0 mi
70
MI-754888
Landlocked · Power at road
20.7Nov 14, 2025$78,5003,7945,4925.2 mi
65
MI-755022
Dirt · Power at road
22.8Dec 3, 2024$133,7005,8627,0603.9 mi
63
MI-902177
Landlocked · Power at road
2.9Aug 24, 2024$13,4004,6376,1367.9 mi
61
MI-654731
Paved · Off grid
18.5Jan 11, 2025$142,2007,6977,7004.8 mi
60
Show adjustment detail for the top comp
  • Tract size (5.86 ac → 6.64 ac)-0.7%
  • Access (Landlocked → Dirt)+26.5%

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.