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Delta County, MI · Sold

MI-330312

9304 County Road 118

$2,900
$3,867/ac · 0.75 ac
Acreage0.75 ac
Price per acre$3,867/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedAug 14, 2024
Coordinates45.8795, -86.9543
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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

140 ft of deeded road frontage.

Power2,644 ft away

Service extension needed; get a utility quote.

Buildable area0.68 of 0.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,525
$1,818$3,232 · $3,367/ac on 0.75 ac
Asking vs estimate
+14.8%
Priced above the comp set

Weighted from 5 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 $2,900
Maximum allowable offer
$1,443
$1,924/ac · +30.0% target margin

You need $1,457 off asking to hit this margin.

All-in cost$1,566
Net resale$2,323
Projected profit$757
ROI+48.4%
Annualized+69.2%
Break-even resale$2,269/ac
Profit if resale lands off target
-20%
$293
-10%
$525
0%
$757
+10%
$990
+20%
$1,222
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-980355
Landlocked · Off grid
0.8Feb 18, 2026$1,2001,5482,32411.6 mi
79
MI-290339
Landlocked · Power at road
0.8Mar 29, 2025$1,4001,8242,41212.2 mi
72
MI-901031
Dirt · Full utilities
1.3Nov 17, 2023$5,1004,0403,6703.2 mi
69
MI-702732
Gravel · Power at road
4.3Jul 27, 2026$18,5004,2673,76513.6 mi
67
MI-231639
Dirt · Power at road
2.0Sep 24, 2025$9,5004,8114,9946.2 mi
64
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Market time (6 mo)+2.1%

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.