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Dickinson County, MI · Sold

MI-168652

645 County Road 161

$1,008,200
$3,187/ac · 316 ac
Acreage316 ac
Price per acre$3,187/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJul 14, 2025
Coordinates46.0342, -87.9728
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

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

View Dickinson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope31.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,327 ft of deeded road frontage.

Power1,818 ft away

Service extension needed; get a utility quote.

Buildable area188.11 of 316.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$816,439
$599,189$1,033,688 · $2,581/ac on 316 ac
Asking vs estimate
+23.5%
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 $1,008,200
Maximum allowable offer
$466,536
$1,475/ac · +30.0% target margin

You need $541,664 off asking to hit this margin.

All-in cost$506,192
Net resale$751,124
Projected profit$244,932
ROI+48.4%
Annualized+69.3%
Break-even resale$1,739/ac
Profit if resale lands off target
-20%
$94,707
-10%
$169,820
0%
$244,932
+10%
$320,044
+20%
$395,157
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-158668
Paved · Full utilities
320.1May 22, 2025$1,664,2005,2002,7877.8 mi
75
MI-537459
Landlocked · Power at road
133.3May 23, 2026$487,3003,6553,1198.4 mi
73
MI-119172
Gravel · Full utilities
461.1Feb 14, 2025$1,558,1003,3792,4073.4 mi
70
MI-336959
Gravel · Power at road
92.8Jul 27, 2026$266,0002,8661,5075.3 mi
69
MI-527278
Gravel · Off grid
116.9Dec 24, 2025$293,7002,5121,6868.8 mi
66
MI-619225
Paved · Full utilities
479.1May 25, 2024$2,612,9005,4533,4257.9 mi
64
MI-857743
Paved · Full utilities
163.8Oct 30, 2024$1,145,7006,9963,17210.5 mi
61
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (15 mo)+5.2%

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.