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Chippewa County, MI · Sold

MI-731577

5208 County Road 215

$10,600
$5,638/ac · 1.88 ac
Acreage1.88 ac
Price per acre$5,638/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedApr 8, 2024
Coordinates46.3896, -84.4431
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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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

134 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.78 of 1.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,751
$6,088$9,414 · $4,123/ac on 1.88 ac
Asking vs estimate
+36.8%
Priced above the comp set

Weighted from 7 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 $10,600
Maximum allowable offer
$4,429
$2,356/ac · +30.0% target margin

You need $6,171 off asking to hit this margin.

All-in cost$4,805
Net resale$7,131
Projected profit$2,326
ROI+48.4%
Annualized+69.3%
Break-even resale$2,778/ac
Profit if resale lands off target
-20%
$899
-10%
$1,613
0%
$2,326
+10%
$3,039
+20%
$3,752
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3504,2381.6 mi
77
MI-641459
Gravel · Off grid
1.7Oct 10, 2024$3,7002,1153,2664.8 mi
76
MI-580728
Paved · Full utilities
1.0Apr 8, 2026$3,8003,7403,1893.3 mi
76
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1025,8138.7 mi
71
MI-632048
Dirt · Power at road
2.6Jan 3, 2026$7,5002,8164,12913.1 mi
70
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6563,4977.1 mi
67
MI-532324
Gravel · Off grid
3.2May 11, 2024$10,0003,0824,90911.4 mi
63
Show adjustment detail for the top comp
  • Tract size (5.64 ac → 1.88 ac)+3.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.4%

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.