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Houghton County, MI · Sold

MI-756521

4561 County Road 41

$321,400
$4,757/ac · 67.57 ac
Acreage67.57 ac
Price per acre$4,757/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedAug 17, 2024
Coordinates47.0464, -88.6571
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,496 ft of deeded road frontage.

Power164 ft away

Power at or near the road.

Buildable area61.50 of 67.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$212,325
$160,702$263,948 · $3,142/ac on 67.57 ac
Asking vs estimate
+51.4%
Priced above the comp set

Weighted from 9 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 $321,400
Maximum allowable offer
$121,329
$1,796/ac · +30.0% target margin

You need $200,071 off asking to hit this margin.

All-in cost$131,642
Net resale$195,339
Projected profit$63,697
ROI+48.4%
Annualized+69.2%
Break-even resale$2,118/ac
Profit if resale lands off target
-20%
$24,629
-10%
$44,163
0%
$63,697
+10%
$83,231
+20%
$102,765
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-485665
Landlocked · Full utilities
36.3May 13, 2026$171,8004,7264,3772.7 mi
80
MI-595568
Dirt · Off grid
33.9May 22, 2026$106,1003,1323,2494.7 mi
76
MI-906599
Dirt · Off grid
71.5Mar 22, 2024$141,4001,9782,5945.9 mi
74
MI-325971
Dirt · Off grid
45.4Jun 11, 2025$81,2001,7902,0347.2 mi
71
MI-377975
Dirt · Full utilities
193.7Mar 14, 2026$460,8002,3782,5882.8 mi
71
MI-778002
Dirt · Off grid
197.6Apr 19, 2025$461,9002,3383,8073.8 mi
69
MI-985743
Dirt · Off grid
38.5May 25, 2024$126,7003,2953,7843.6 mi
67
MI-518197
Landlocked · Power at road
227.5Apr 30, 2025$432,4001,9003,4575.2 mi
62
MI-315360
Paved · Off grid
29.1Sep 20, 2024$82,7002,8382,2394.8 mi
62
Show adjustment detail for the top comp
  • Tract size (36.34 ac → 67.57 ac)-11.6%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.1%

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.