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Delta County, MI · Sold

MI-418182

4022 County Road 369

$655,900
$2,914/ac · 225 ac
Acreage225 ac
Price per acre$2,914/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedJun 8, 2026
Coordinates45.7377, -86.7997
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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
18
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,452 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area187.73 of 225.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$757,255
$637,164$877,345 · $3,365/ac on 225 ac
Asking vs estimate
-13.4%
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 $655,900
Maximum allowable offer
$432,717
$1,923/ac · +30.0% target margin

You need $223,183 off asking to hit this margin.

All-in cost$469,498
Net resale$696,674
Projected profit$227,176
ROI+48.4%
Annualized+69.2%
Break-even resale$2,267/ac
Profit if resale lands off target
-20%
$87,841
-10%
$157,509
0%
$227,176
+10%
$296,844
+20%
$366,511
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-116932
Landlocked · Off grid
91.0Sep 13, 2025$154,8001,7013,4679.8 mi
63
MI-937179
Gravel · Off grid
108.8Nov 10, 2024$170,0001,5622,3396.8 mi
62
MI-187558
Gravel · Power at road
143.2Nov 6, 2024$393,7002,7493,75714.2 mi
62
MI-575746
Gravel · Full utilities
38.5Mar 3, 2025$150,6003,9073,2135.6 mi
56
MI-165570
Gravel · Off grid
33.9Oct 18, 2024$114,1003,3643,9409.5 mi
50
MI-345564
Gravel · Off grid
33.8Mar 1, 2024$102,5003,0343,63810.0 mi
48
Show adjustment detail for the top comp
  • Tract size (91 ac → 225.07 ac)-21.2%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.9%

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.