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Chippewa County, MI · Sold

MI-773915

1650 County Road 356

$39,900
$3,900/ac · 10.23 ac
Acreage10.23 ac
Price per acre$3,900/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedNov 27, 2024
Coordinates46.3057, -84.6279
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

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

View Chippewa market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope25.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

319 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.09 of 10.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,820
$30,256$49,384 · $3,892/ac on 10.23 ac
Asking vs estimate
+0.2%
In line with the comp set

Weighted from 10 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 $39,900
Maximum allowable offer
$22,754
$2,224/ac · +30.0% target margin

You need $17,146 off asking to hit this margin.

All-in cost$24,688
Net resale$36,634
Projected profit$11,946
ROI+48.4%
Annualized+69.3%
Break-even resale$2,623/ac
Profit if resale lands off target
-20%
$4,620
-10%
$8,283
0%
$11,946
+10%
$15,610
+20%
$19,273
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-104584
Paved · Off grid
16.6Jul 27, 2026$42,0002,5302,7807.8 mi
80
MI-953922
Gravel · Power at road
10.3Sep 24, 2024$52,8005,1335,8154.1 mi
75
MI-304297
Gravel · Full utilities
13.5Apr 10, 2025$65,0004,8214,4926.9 mi
72
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3503,38311.3 mi
72
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1024,6419.0 mi
72
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7123,4317.9 mi
69
MI-404516
Dirt · Off grid
15.8Nov 15, 2023$41,5002,6244,3807.4 mi
65
MI-755476
Paved · Off grid
31.7Jan 15, 2026$80,0002,5263,1044.6 mi
65
MI-532324
Gravel · Off grid
3.2May 11, 2024$10,0003,0823,9194.4 mi
62
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6562,7919.5 mi
60
Show adjustment detail for the top comp
  • Tract size (16.61 ac → 10.23 ac)+4.8%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.