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Gogebic County, MI · Sold

MI-837204

4392 County Road 125

$335,800
$3,030/ac · 111 ac
Acreage111 ac
Price per acre$3,030/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 30, 2024
Coordinates46.4078, -89.8302
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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

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

View Gogebic market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power134 ft away

Power at or near the road.

Buildable area100.33 of 110.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$338,430
$246,077$430,782 · $3,054/ac on 111 ac
Asking vs estimate
-0.8%
In line with 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 $335,800
Maximum allowable offer
$193,388
$1,745/ac · +30.0% target margin

You need $142,412 off asking to hit this margin.

All-in cost$209,826
Net resale$311,355
Projected profit$101,529
ROI+48.4%
Annualized+69.3%
Break-even resale$2,058/ac
Profit if resale lands off target
-20%
$39,258
-10%
$70,394
0%
$101,529
+10%
$132,665
+20%
$163,800
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-507492
Dirt · Power at road
136.5May 5, 2026$361,9002,6503,8829.6 mi
79
MI-736599
Gravel · Full utilities
71.5Sep 18, 2024$182,2002,5492,3981.5 mi
73
MI-787495
Dirt · Off grid
136.8Mar 31, 2025$309,2002,2604,07411.8 mi
68
MI-179959
Paved · Off grid
815.4Jul 27, 2026$776,8009531,9936.7 mi
65
MI-669596
Dirt · Off grid
626.9Oct 30, 2025$625,0009972,72213.0 mi
54
Show adjustment detail for the top comp
  • Tract size (136.53 ac → 110.82 ac)+5.5%
  • Access (Dirt → Paved)+37.2%
  • Market time (3 mo)+1.2%

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.