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Dickinson County, MI · Sold

MI-410749

4068 County Road 1

$5,000
$4,854/ac · 1.03 ac
Acreage1.03 ac
Price per acre$4,854/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedNov 21, 2024
Coordinates45.9577, -87.9717
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
44
Moderate risk
Wetlands50.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

238 ft of deeded road frontage.

Power94 ft away

Power at or near the road.

Buildable area0.49 of 1.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,149
$5,053$7,245 · $5,970/ac on 1.03 ac
Asking vs estimate
-18.7%
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 $5,000
Maximum allowable offer
$3,514
$3,411/ac · +30.0% target margin

You need $1,486 off asking to hit this margin.

All-in cost$3,813
Net resale$5,657
Projected profit$1,844
ROI+48.4%
Annualized+69.2%
Break-even resale$4,024/ac
Profit if resale lands off target
-20%
$713
-10%
$1,279
0%
$1,844
+10%
$2,410
+20%
$2,976
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-631321
Gravel · Off grid
1.6Jul 27, 2026$7,6004,8514,9464.8 mi
79
MI-320873
Dirt · Power at road
1.1Jan 25, 2025$7,3006,4396,8667.9 mi
77
MI-621129
Dirt · Off grid
1.4Jan 5, 2026$8,5006,2267,5379.9 mi
76
MI-181591
Landlocked · Full utilities
1.9Jul 27, 2026$9,5005,0025,24310.3 mi
73
MI-722237
Dirt · Power at road
3.0Sep 28, 2024$14,1004,6405,1076.7 mi
62
Show adjustment detail for the top comp
  • Tract size (1.56 ac → 1.03 ac)+0.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.