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Chippewa County, MI · Sold

MI-304297

3157 County Road 291

$68,100
$5,048/ac · 13.49 ac
Acreage13.49 ac
Price per acre$5,048/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 3, 2024
Coordinates46.2520, -84.5054
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area11.94 of 13.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,911
$44,046$71,777 · $4,293/ac on 13.49 ac
Asking vs estimate
+17.6%
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 $68,100
Maximum allowable offer
$33,092
$2,453/ac · +30.0% target margin

You need $35,008 off asking to hit this margin.

All-in cost$35,905
Net resale$53,278
Projected profit$17,373
ROI+48.4%
Annualized+69.3%
Break-even resale$2,893/ac
Profit if resale lands off target
-20%
$6,718
-10%
$12,046
0%
$17,373
+10%
$22,701
+20%
$28,029
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-104584
Paved · Off grid
16.6Jul 27, 2026$42,0002,5303,15310.7 mi
79
MI-773915
Dirt · Full utilities
10.2Nov 5, 2025$35,0003,4244,0116.9 mi
75
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1025,2632.8 mi
72
MI-953922
Gravel · Power at road
10.3Sep 24, 2024$52,8005,1336,5965.9 mi
71
MI-404516
Dirt · Off grid
15.8Nov 15, 2023$41,5002,6244,9682.1 mi
71
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3503,83711.4 mi
68
MI-755476
Paved · Off grid
31.7Jan 15, 2026$80,0002,5263,5205.0 mi
68
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7123,8919.5 mi
66
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6563,1664.3 mi
60
MI-695729
Dirt · Off grid
38.1Sep 20, 2025$83,7002,1994,39712.0 mi
60
Show adjustment detail for the top comp
  • Tract size (16.61 ac → 13.49 ac)+2.2%
  • Access (Paved → Gravel)-15.3%
  • 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.