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Delta County, MI · Sold

MI-263975

5734 County Road 214

$16,800
$1,573/ac · 10.68 ac
Acreage10.68 ac
Price per acre$1,573/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedAug 28, 2023
Coordinates45.7348, -86.9356
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

Delta County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Delta market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
68
High risk
Wetlands48.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power140 ft away

Power at or near the road.

Buildable area5.20 of 10.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,891
$31,179$36,602 · $3,173/ac on 10.68 ac
Asking vs estimate
-50.4%
Priced below 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 $16,800
Maximum allowable offer
$19,366
$1,813/ac · +30.0% target margin

Asking price already clears your margin by $2,566.

All-in cost$21,012
Net resale$31,179
Projected profit$10,167
ROI+48.4%
Annualized+69.2%
Break-even resale$2,139/ac
Profit if resale lands off target
-20%
$3,931
-10%
$7,049
0%
$10,167
+10%
$13,285
+20%
$16,403
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-504161
Landlocked · Off grid
12.2Apr 9, 2025$34,2002,7953,5172.9 mi
78
MI-702732
Gravel · Power at road
4.3Jul 27, 2026$18,5004,2672,7547.0 mi
73
MI-914253
Dirt · Off grid
13.1Nov 23, 2024$39,6003,0333,0823.1 mi
72
MI-643434
Landlocked · Off grid
7.2Nov 20, 2024$19,1002,6413,2405.5 mi
70
MI-165570
Gravel · Off grid
33.9Oct 18, 2024$114,1003,3643,3494.2 mi
59
MI-345564
Gravel · Off grid
33.8Mar 1, 2024$102,5003,0343,0933.5 mi
57
Show adjustment detail for the top comp
  • Tract size (12.23 ac → 10.68 ac)+1.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (16 mo)+5.7%

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.