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Gogebic County, MI · Sold

MI-179959

2108 County Road 114

$805,800
$988/ac · 815 ac
Acreage815 ac
Price per acre$988/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedJun 28, 2026
Coordinates46.5013, -89.8659
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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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope22.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

7,428 ft of deeded road frontage.

Power3,414 ft away

Service extension needed; get a utility quote.

Buildable area455.49 of 815.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,265,234
$1,018,001$1,512,467 · $1,552/ac on 815 ac
Asking vs estimate
-36.3%
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 $805,800
Maximum allowable offer
$722,991
$887/ac · +30.0% target margin

You need $82,809 off asking to hit this margin.

All-in cost$784,445
Net resale$1,164,015
Projected profit$379,570
ROI+48.4%
Annualized+69.2%
Break-even resale$1,046/ac
Profit if resale lands off target
-20%
$146,767
-10%
$263,169
0%
$379,570
+10%
$495,972
+20%
$612,373
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-669596
Dirt · Off grid
626.9Oct 30, 2025$625,0009971,3048.9 mi
75
MI-507492
Dirt · Power at road
136.5May 5, 2026$361,9002,6501,8609.2 mi
60
MI-837204
Paved · Power at road
110.8Oct 26, 2025$336,1003,0331,5026.7 mi
59
MI-787495
Dirt · Off grid
136.8Mar 31, 2025$309,2002,2601,9515.3 mi
57
MI-736599
Gravel · Full utilities
71.5Sep 18, 2024$182,2002,5491,1485.7 mi
49
Show adjustment detail for the top comp
  • Tract size (626.87 ac → 815.42 ac)-7.8%
  • Access (Dirt → Paved)+37.2%
  • Market time (10 mo)+3.3%

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.