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Chippewa County, MI · Sold

MI-532324

1665 County Road 264

$11,300
$3,498/ac · 3.23 ac
Acreage3.23 ac
Price per acre$3,498/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedAug 16, 2023
Coordinates46.2524, -84.5759
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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

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

View Chippewa market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,774 ft away

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

Buildable area2.67 of 3.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,215
$7,437$12,992 · $3,162/ac on 3.23 ac
Asking vs estimate
+10.6%
Priced above 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 $11,300
Maximum allowable offer
$5,837
$1,807/ac · +30.0% target margin

You need $5,463 off asking to hit this margin.

All-in cost$6,333
Net resale$9,397
Projected profit$3,064
ROI+48.4%
Annualized+69.2%
Break-even resale$2,131/ac
Profit if resale lands off target
-20%
$1,185
-10%
$2,124
0%
$3,064
+10%
$4,004
+20%
$4,944
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-632048
Dirt · Power at road
2.6Jan 3, 2026$7,5002,8162,8392.4 mi
80
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1023,9976.1 mi
74
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3502,91412.6 mi
74
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6562,4047.4 mi
73
MI-773915
Dirt · Full utilities
10.2Nov 5, 2025$35,0003,4243,0454.4 mi
68
MI-641459
Gravel · Off grid
1.7Oct 10, 2024$3,7002,1152,2456.6 mi
68
MI-731577
Gravel · Full utilities
1.9Mar 14, 2025$10,8005,7454,18611.4 mi
66
MI-580728
Paved · Full utilities
1.0Apr 8, 2026$3,8003,7402,1928.1 mi
65
MI-953922
Gravel · Power at road
10.3Sep 24, 2024$52,8005,1335,0082.5 mi
62
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7122,9559.9 mi
59
Show adjustment detail for the top comp
  • Tract size (2.65 ac → 3.23 ac)-0.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.6%

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.