← New search
Chippewa County, MI · Sold

MI-953922

1080 County Road 307

$48,900
$4,757/ac · 10.28 ac
Acreage10.28 ac
Price per acre$4,757/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 30, 2023
Coordinates46.2464, -84.6279
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

669 ft of deeded road frontage.

Power227 ft away

Power at or near the road.

Buildable area9.66 of 10.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,820
$29,439$42,202 · $3,484/ac on 10.28 ac
Asking vs estimate
+36.5%
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 $48,900
Maximum allowable offer
$20,469
$1,991/ac · +30.0% target margin

You need $28,431 off asking to hit this margin.

All-in cost$22,209
Net resale$32,955
Projected profit$10,746
ROI+48.4%
Annualized+69.2%
Break-even resale$2,348/ac
Profit if resale lands off target
-20%
$4,155
-10%
$7,450
0%
$10,746
+10%
$14,041
+20%
$17,337
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-773915
Dirt · Full utilities
10.2Nov 5, 2025$35,0003,4243,3694.1 mi
80
MI-513071
Landlocked · Power at road
5.5May 30, 2026$17,2003,1024,4218.6 mi
79
MI-733092
Paved · Off grid
5.6Jul 15, 2026$18,9003,3503,22314.3 mi
75
MI-104584
Paved · Off grid
16.6Jul 27, 2026$42,0002,5302,64911.6 mi
74
MI-304297
Gravel · Full utilities
13.5Apr 10, 2025$65,0004,8214,2795.9 mi
74
MI-433570
Gravel · Full utilities
8.0May 13, 2024$29,6003,7123,26911.3 mi
72
MI-404516
Dirt · Off grid
15.8Nov 15, 2023$41,5002,6244,1735.1 mi
69
MI-755476
Paved · Off grid
31.7Jan 15, 2026$80,0002,5262,9571.0 mi
68
MI-832660
Paved · Off grid
4.1Mar 21, 2025$10,9002,6562,6599.8 mi
64
MI-532324
Gravel · Off grid
3.2May 11, 2024$10,0003,0823,7342.5 mi
61
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (9 mo)+3.3%

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.