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Dickinson County, MI · Sold

MI-119172

626 County Road 270

$1,900,100
$4,121/ac · 461 ac
Acreage461 ac
Price per acre$4,121/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedOct 22, 2024
Coordinates45.9891, -87.9468
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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

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

View Dickinson market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
19
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area395.54 of 461.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,095,097
$1,912,379$2,277,814 · $4,544/ac on 461 ac
Asking vs estimate
-9.3%
Priced below 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 $1,900,100
Maximum allowable offer
$1,197,198
$2,597/ac · +30.0% target margin

You need $702,902 off asking to hit this margin.

All-in cost$1,298,960
Net resale$1,927,489
Projected profit$628,529
ROI+48.4%
Annualized+69.2%
Break-even resale$3,062/ac
Profit if resale lands off target
-20%
$243,031
-10%
$435,780
0%
$628,529
+10%
$821,278
+20%
$1,014,027
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-619225
Paved · Full utilities
479.1May 25, 2024$2,612,9005,4535,1125.3 mi
79
MI-168652
Dirt · Off grid
316.4Apr 7, 2026$852,9002,6964,0843.4 mi
77
MI-158668
Paved · Full utilities
320.1May 22, 2025$1,664,2005,2004,1595.7 mi
73
MI-537459
Landlocked · Power at road
133.3May 23, 2026$487,3003,6554,6557.4 mi
65
MI-857743
Paved · Full utilities
163.8Oct 30, 2024$1,145,7006,9964,7357.8 mi
60
Show adjustment detail for the top comp
  • Tract size (479.13 ac → 461.08 ac)+1.2%
  • Access (Paved → Gravel)-15.3%
  • Market time (27 mo)+9.4%

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.