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Dickinson County, MI · Sold

MI-545071

6388 County Road 124

$92,200
$3,902/ac · 23.63 ac
Acreage23.63 ac
Price per acre$3,902/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 5, 2025
Coordinates46.0655, -87.8861
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

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,086 ft away

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

Buildable area18.83 of 23.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$99,668
$72,547$126,790 · $4,218/ac on 23.63 ac
Asking vs estimate
-7.5%
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 $92,200
Maximum allowable offer
$56,953
$2,410/ac · +30.0% target margin

You need $35,247 off asking to hit this margin.

All-in cost$61,794
Net resale$91,695
Projected profit$29,901
ROI+48.4%
Annualized+69.3%
Break-even resale$2,842/ac
Profit if resale lands off target
-20%
$11,562
-10%
$20,731
0%
$29,901
+10%
$39,070
+20%
$48,240
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-795271
Gravel · Power at road
27.3Jan 15, 2026$128,8004,7153,6075.9 mi
82
MI-204776
Paved · Full utilities
19.1Apr 22, 2026$207,90010,8915,4477.4 mi
78
MI-463965
Gravel · Power at road
10.6Jul 27, 2026$69,5006,5484,3895.2 mi
73
MI-883664
Dirt · Off grid
8.5Sep 25, 2025$53,5006,2735,8532.7 mi
70
MI-336959
Gravel · Power at road
92.8Jul 27, 2026$266,0002,8662,7373.8 mi
69
MI-527278
Gravel · Off grid
116.9Dec 24, 2025$293,7002,5123,0636.6 mi
62
Show adjustment detail for the top comp
  • Tract size (27.32 ac → 23.63 ac)+2.2%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.4%

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.