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Gogebic County, MI · Sold

MI-831461

7635 County Road 285

$7,300
$4,220/ac · 1.73 ac
Acreage1.73 ac
Price per acre$4,220/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedOct 12, 2023
Coordinates46.4667, -89.7172
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

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

View Gogebic market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope13.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

108 ft of deeded road frontage.

Power4,982 ft away

Service extension needed; get a utility quote.

Buildable area1.36 of 1.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,636
$5,621$7,651 · $3,836/ac on 1.73 ac
Asking vs estimate
+10.0%
Priced above the comp set

Weighted from 10 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 $7,300
Maximum allowable offer
$3,792
$2,192/ac · +30.0% target margin

You need $3,508 off asking to hit this margin.

All-in cost$4,114
Net resale$6,105
Projected profit$1,991
ROI+48.4%
Annualized+69.2%
Break-even resale$2,585/ac
Profit if resale lands off target
-20%
$770
-10%
$1,380
0%
$1,991
+10%
$2,601
+20%
$3,212
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-251289
Gravel · Off grid
1.5May 8, 2025$6,2004,0704,2797.6 mi
78
MI-540987
Paved · Off grid
1.2Jul 7, 2024$6,0004,8714,4715.7 mi
73
MI-160276
Dirt · Power at road
0.7Jul 27, 2026$2,5003,4583,3914.1 mi
73
MI-742335
Dirt · Off grid
3.3Apr 14, 2026$8,5002,6063,1209.5 mi
72
MI-602428
Gravel · Off grid
3.5Jun 14, 2024$10,3002,9513,2751.1 mi
70
MI-722049
Gravel · Off grid
2.6Jan 3, 2024$8,3003,1203,4947.4 mi
68
MI-973136
Gravel · Off grid
5.8Aug 30, 2024$26,1004,4895,0515.4 mi
67
MI-422288
Dirt · Power at road
3.1Jul 15, 2024$11,6003,6974,0303.1 mi
65
MI-842123
Paved · Off grid
2.8Sep 25, 2024$10,3003,6853,40610.4 mi
65
MI-180120
Paved · Power at road
0.7May 30, 2025$3,3005,1153,8303.5 mi
63
Show adjustment detail for the top comp
  • Market time (15 mo)+5.3%

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.