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Delta County, MI · Sold

MI-165570

5410 County Road 217

$108,500
$3,198/ac · 33.93 ac
Acreage33.93 ac
Price per acre$3,198/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJun 9, 2024
Coordinates45.7851, -86.9848
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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope16.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

560 ft of deeded road frontage.

Power12,150 ft away

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

Buildable area26.52 of 33.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$100,126
$77,204$123,048 · $2,951/ac on 33.93 ac
Asking vs estimate
+8.4%
Priced above the comp set

Weighted from 7 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 $108,500
Maximum allowable offer
$57,215
$1,686/ac · +30.0% target margin

You need $51,285 off asking to hit this margin.

All-in cost$62,078
Net resale$92,116
Projected profit$30,037
ROI+48.4%
Annualized+69.2%
Break-even resale$1,989/ac
Profit if resale lands off target
-20%
$11,614
-10%
$20,826
0%
$30,037
+10%
$39,249
+20%
$48,460
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-345564
Gravel · Off grid
33.8Mar 1, 2024$102,5003,0343,3454.0 mi
78
MI-575746
Gravel · Full utilities
38.5Mar 3, 2025$150,6003,9072,9545.0 mi
77
MI-504161
Landlocked · Off grid
12.2Apr 9, 2025$34,2002,7953,8041.4 mi
66
MI-116932
Landlocked · Off grid
91.0Sep 13, 2025$154,8001,7013,1886.5 mi
65
MI-914253
Dirt · Off grid
13.1Nov 23, 2024$39,6003,0333,3333.3 mi
64
MI-937179
Gravel · Off grid
108.8Nov 10, 2024$170,0001,5622,1514.4 mi
63
MI-263975
Landlocked · Power at road
10.7Jun 14, 2024$14,7001,3761,6254.2 mi
57
Show adjustment detail for the top comp
  • Market time (30 mo)+10.3%

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.