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Gogebic County, MI · Sold

MI-787495

3226 County Road 211

$292,800
$2,140/ac · 137 ac
Acreage137 ac
Price per acre$2,140/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJun 21, 2024
Coordinates46.5779, -89.8490
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

4 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope23.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,036 ft away

Service extension needed; get a utility quote.

Buildable area76.68 of 136.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$232,844
$178,792$286,896 · $1,702/ac on 137 ac
Asking vs estimate
+25.7%
Priced above 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 $292,800
Maximum allowable offer
$133,054
$972/ac · +30.0% target margin

You need $159,746 off asking to hit this margin.

All-in cost$144,364
Net resale$214,217
Projected profit$69,853
ROI+48.4%
Annualized+69.2%
Break-even resale$1,147/ac
Profit if resale lands off target
-20%
$27,010
-10%
$48,431
0%
$69,853
+10%
$91,275
+20%
$112,696
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-507492
Dirt · Power at road
136.5May 5, 2026$361,9002,6502,27810.1 mi
88
MI-837204
Paved · Power at road
110.8Oct 26, 2025$336,1003,0331,84011.8 mi
72
MI-669596
Dirt · Off grid
626.9Oct 30, 2025$625,0009971,5976.3 mi
69
MI-179959
Paved · Off grid
815.4Jul 27, 2026$776,8009531,1705.3 mi
67
MI-736599
Gravel · Full utilities
71.5Sep 18, 2024$182,2002,5491,40710.5 mi
60
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • 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.