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Houghton County, MI · Sold

MI-325971

4286 County Road 166

$91,000
$2,006/ac · 45.36 ac
Acreage45.36 ac
Price per acre$2,006/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 13, 2024
Coordinates46.9572, -88.5765
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

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

View Houghton market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope12.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,150 ft of deeded road frontage.

Power13,508 ft away

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

Buildable area32.59 of 45.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$148,237
$110,720$185,754 · $3,268/ac on 45.36 ac
Asking vs estimate
-38.6%
Priced below the comp set

Weighted from 6 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 $91,000
Maximum allowable offer
$84,707
$1,867/ac · +30.0% target margin

You need $6,293 off asking to hit this margin.

All-in cost$91,907
Net resale$136,378
Projected profit$44,471
ROI+48.4%
Annualized+69.2%
Break-even resale$2,202/ac
Profit if resale lands off target
-20%
$17,195
-10%
$30,833
0%
$44,471
+10%
$58,109
+20%
$71,746
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-595568
Dirt · Off grid
33.9May 22, 2026$106,1003,1323,0004.5 mi
84
MI-485665
Landlocked · Full utilities
36.3May 13, 2026$171,8004,7264,0414.7 mi
80
MI-756521
Dirt · Power at road
67.6Oct 13, 2025$313,4004,6384,4337.2 mi
74
MI-985743
Dirt · Off grid
38.5May 25, 2024$126,7003,2953,4947.2 mi
73
MI-906599
Dirt · Off grid
71.5Mar 22, 2024$141,4001,9782,3951.8 mi
72
MI-315360
Paved · Off grid
29.1Sep 20, 2024$82,7002,8382,0679.9 mi
65
Show adjustment detail for the top comp
  • Tract size (33.88 ac → 45.36 ac)-5.2%
  • Market time (3 mo)+1.0%

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.