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Chippewa County, MI · Sold

MI-438551

1496 County Road 339

$686,200
$2,334/ac · 294 ac
Acreage294 ac
Price per acre$2,334/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedApr 7, 2024
Coordinates46.2261, -84.4788
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands19.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

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.

PowerOn site

Power at or near the road.

Buildable area224.59 of 294.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$529,896
$455,922$603,871 · $1,802/ac on 294 ac
Asking vs estimate
+29.5%
Priced above the comp set

Weighted from 6 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 $686,200
Maximum allowable offer
$302,798
$1,030/ac · +30.0% target margin

You need $383,402 off asking to hit this margin.

All-in cost$328,536
Net resale$487,505
Projected profit$158,969
ROI+48.4%
Annualized+69.2%
Break-even resale$1,214/ac
Profit if resale lands off target
-20%
$61,468
-10%
$110,218
0%
$158,969
+10%
$207,719
+20%
$256,470
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-798162
Dirt · Full utilities
221.8Jan 4, 2026$407,4001,8371,7388.1 mi
83
MI-989189
Dirt · Off grid
466.8Jul 27, 2026$488,8001,0471,7274.8 mi
81
MI-439531
Dirt · Power at road
598.0Mar 12, 2026$799,1001,3362,0513.1 mi
75
MI-388698
Paved · Full utilities
327.1Dec 5, 2024$817,1002,4982,0126.7 mi
74
MI-679020
Dirt · Off grid
413.0Oct 22, 2023$301,1007291,2939.0 mi
66
MI-117255
Landlocked · Power at road
115.0Oct 22, 2024$177,5001,5441,9822.9 mi
62
Show adjustment detail for the top comp
  • Tract size (221.83 ac → 294.04 ac)-7.8%
  • 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.