MI-540987
7322 County Road 364
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Gogebic County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Gogebic market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
247 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $2,724 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-160276 Dirt · Power at road | 0.7 | Jul 27, 2026 | $2,500 | 3,458 | 4,021 | 5.3 mi | 77 |
| MI-251289 Gravel · Off grid | 1.5 | May 8, 2025 | $6,200 | 4,070 | 5,075 | 2.0 mi | 77 |
| MI-831461 Gravel · Off grid | 1.7 | Apr 22, 2024 | $6,800 | 3,916 | 5,096 | 5.7 mi | 73 |
| MI-742335 Dirt · Off grid | 3.3 | Apr 14, 2026 | $8,500 | 2,606 | 3,701 | 5.7 mi | 71 |
| MI-180120 Paved · Power at road | 0.7 | May 30, 2025 | $3,300 | 5,115 | 4,542 | 8.3 mi | 67 |
| MI-842123 Paved · Off grid | 2.8 | Sep 25, 2024 | $10,300 | 3,685 | 4,040 | 7.5 mi | 64 |
| MI-722049 Gravel · Off grid | 2.6 | Jan 3, 2024 | $8,300 | 3,120 | 4,144 | 1.8 mi | 64 |
| MI-602428 Gravel · Off grid | 3.5 | Jun 14, 2024 | $10,300 | 2,951 | 3,885 | 6.0 mi | 59 |
| MI-422288 Dirt · Power at road | 3.1 | Jul 15, 2024 | $11,600 | 3,697 | 4,780 | 7.4 mi | 58 |
Show adjustment detail for the top comp
- Tract size (0.73 ac → 1.23 ac)-0.5%
- Access (Dirt → Paved)+37.2%
- Utilities (Power at road → Off grid)-15.0%
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.