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Houghton County, MI · Sold

MI-750833

3927 County Road 10

$5,500
$5,000/ac · 1.10 ac
Acreage1.10 ac
Price per acre$5,000/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedSep 3, 2025
Coordinates47.0506, -88.5888
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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

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

View Houghton market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,650 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.84 of 1.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,974
$4,050$5,898 · $4,522/ac on 1.10 ac
Asking vs estimate
+10.6%
Priced above the comp set

Weighted from 8 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 $5,500
Maximum allowable offer
$2,842
$2,584/ac · +30.0% target margin

You need $2,658 off asking to hit this margin.

All-in cost$3,084
Net resale$4,576
Projected profit$1,492
ROI+48.4%
Annualized+69.3%
Break-even resale$3,047/ac
Profit if resale lands off target
-20%
$577
-10%
$1,035
0%
$1,492
+10%
$1,950
+20%
$2,407
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-811110
Gravel · Off grid
1.3Jan 4, 2026$4,9003,6543,75710.1 mi
79
MI-970160
Landlocked · Full utilities
0.7Aug 15, 2025$2,7004,0754,3315.1 mi
70
MI-481338
Dirt · Off grid
1.6Oct 17, 2024$7,3004,6205,8138.9 mi
67
MI-531241
Landlocked · Full utilities
1.5May 20, 2024$5,4003,6614,1205.6 mi
67
MI-930107
Paved · Off grid
0.7Jan 5, 2025$2,6003,9593,5658.4 mi
66
MI-442158
Gravel · Power at road
2.9Sep 26, 2024$16,8005,8675,4771.8 mi
65
MI-370174
Paved · Power at road
0.7Jun 28, 2024$3,3004,9213,8457.1 mi
64
MI-132483
Dirt · Power at road
3.6Sep 1, 2024$18,3005,0285,5144.1 mi
58
Show adjustment detail for the top comp
  • Market time (7 mo)+2.6%

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.