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Chippewa County, MI · Sold

MI-104584

707 County Road 382

$48,300
$2,908/ac · 16.61 ac
Acreage16.61 ac
Price per acre$2,908/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedMar 19, 2026
Coordinates46.4046, -84.5492
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

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

599 ft of deeded road frontage.

Power9,784 ft away

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

Buildable area13.95 of 16.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$60,195
$48,493$71,897 · $3,624/ac on 16.61 ac
Asking vs estimate
-19.8%
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 $48,300
Maximum allowable offer
$34,397
$2,071/ac · +30.0% target margin

You need $13,903 off asking to hit this margin.

All-in cost$37,321
Net resale$55,379
Projected profit$18,058
ROI+48.4%
Annualized+69.2%
Break-even resale$2,442/ac
Profit if resale lands off target
-20%
$6,983
-10%
$12,521
0%
$18,058
+10%
$23,596
+20%
$29,134
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3503,0854.8 mi
75
MI-773915
Dirt · Full utilities
10.2Nov 5, 2025$35,0003,4243,2257.8 mi
74
MI-755476
Paved · Off grid
31.7Jan 15, 2026$80,0002,5262,83111.7 mi
71
MI-695729
Dirt · Off grid
38.1Sep 20, 2025$83,7002,1993,5351.3 mi
70
MI-816265
Gravel · Off grid
56.1May 5, 2026$118,2002,1063,0604.0 mi
69
MI-304297
Gravel · Full utilities
13.5Apr 10, 2025$65,0004,8214,09610.7 mi
69
MI-404516
Dirt · Off grid
15.8Nov 15, 2023$41,5002,6243,99512.4 mi
69
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1024,23210.9 mi
66
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7123,1292.0 mi
64
MI-953922
Gravel · Power at road
10.3Sep 24, 2024$52,8005,1335,30311.6 mi
63
Show adjustment detail for the top comp
  • Tract size (5.64 ac → 16.61 ac)-8.2%
  • 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.