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Chippewa County, MI · Sold

MI-733092

5932 County Road 37

$20,100
$3,564/ac · 5.64 ac
Acreage5.64 ac
Price per acre$3,564/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedApr 20, 2026
Coordinates46.4122, -84.4488
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

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

223 ft of deeded road frontage.

Power2,672 ft away

Service extension needed; get a utility quote.

Buildable area5.05 of 5.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,016
$16,798$27,234 · $3,904/ac on 5.64 ac
Asking vs estimate
-8.7%
Priced below 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 $20,100
Maximum allowable offer
$12,580
$2,231/ac · +30.0% target margin

You need $7,520 off asking to hit this margin.

All-in cost$13,649
Net resale$20,255
Projected profit$6,605
ROI+48.4%
Annualized+69.3%
Break-even resale$2,631/ac
Profit if resale lands off target
-20%
$2,554
-10%
$4,580
0%
$6,605
+10%
$8,631
+20%
$10,656
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1024,61210.3 mi
86
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6562,7748.7 mi
77
MI-104584
Paved · Off grid
16.6Jul 27, 2026$42,0002,5302,7634.8 mi
75
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7123,4093.5 mi
72
MI-731577
Gravel · Full utilities
1.9Mar 14, 2025$10,8005,7454,8301.6 mi
67
MI-773915
Dirt · Full utilities
10.2Nov 5, 2025$35,0003,4243,51411.3 mi
66
MI-632048
Dirt · Power at road
2.6Jan 3, 2026$7,5002,8163,27614.1 mi
64
MI-953922
Gravel · Power at road
10.3Sep 24, 2024$52,8005,1335,77914.3 mi
63
MI-532324
Gravel · Off grid
3.2May 11, 2024$10,0003,0823,89512.6 mi
61
MI-304297
Gravel · Full utilities
13.5Apr 10, 2025$65,0004,8214,46411.4 mi
59
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

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.