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Chippewa County, MI · Sold

MI-695729

898 County Road 275

$85,000
$2,233/ac · 38.07 ac
Acreage38.07 ac
Price per acre$2,233/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJun 14, 2025
Coordinates46.4216, -84.5593
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
36
Moderate risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope21.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,700 ft away

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

Buildable area22.32 of 38.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$78,375
$65,537$91,212 · $2,059/ac on 38.07 ac
Asking vs estimate
+8.5%
Priced above the comp set

Weighted from 8 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 $85,000
Maximum allowable offer
$44,785
$1,176/ac · +30.0% target margin

You need $40,215 off asking to hit this margin.

All-in cost$48,592
Net resale$72,105
Projected profit$23,513
ROI+48.4%
Annualized+69.3%
Break-even resale$1,387/ac
Profit if resale lands off target
-20%
$9,092
-10%
$16,302
0%
$23,513
+10%
$30,723
+20%
$37,934
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-816265
Gravel · Off grid
56.1May 5, 2026$118,2002,1061,9765.1 mi
79
MI-104584
Paved · Off grid
16.6Jul 27, 2026$42,0002,5301,6371.3 mi
77
MI-755476
Paved · Off grid
31.7Jan 15, 2026$80,0002,5261,82812.8 mi
75
MI-225730
Dirt · Power at road
38.1May 16, 2024$72,7001,9081,7767.0 mi
75
MI-666678
Paved · Power at road
75.7Oct 4, 2025$212,7002,8092,0763.5 mi
69
MI-117255
Landlocked · Power at road
115.0Oct 22, 2024$177,5001,5442,27511.2 mi
59
MI-404516
Dirt · Off grid
15.8Nov 15, 2023$41,5002,6242,57913.6 mi
58
MI-304297
Gravel · Full utilities
13.5Apr 10, 2025$65,0004,8212,64512.0 mi
57
Show adjustment detail for the top comp
  • Tract size (56.13 ac → 38.07 ac)+7.8%
  • Access (Gravel → Dirt)-14.0%
  • Market time (3 mo)+1.2%

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.