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Houghton County, MI · Sold

MI-485665

3328 County Road 176

$164,200
$4,518/ac · 36.34 ac
Acreage36.34 ac
Price per acre$4,518/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedMay 31, 2025
Coordinates47.0075, -88.6448
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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

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands20.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area27.62 of 36.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$126,592
$91,146$162,038 · $3,484/ac on 36.34 ac
Asking vs estimate
+29.7%
Priced above the comp set

Weighted from 7 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 $164,200
Maximum allowable offer
$72,338
$1,991/ac · +30.0% target margin

You need $91,862 off asking to hit this margin.

All-in cost$78,487
Net resale$116,465
Projected profit$37,978
ROI+48.4%
Annualized+69.3%
Break-even resale$2,348/ac
Profit if resale lands off target
-20%
$14,685
-10%
$26,331
0%
$37,978
+10%
$49,624
+20%
$61,271
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-595568
Dirt · Off grid
33.9May 22, 2026$106,1003,1323,5462.2 mi
85
MI-756521
Dirt · Power at road
67.6Oct 13, 2025$313,4004,6385,2402.7 mi
75
MI-985743
Dirt · Off grid
38.5May 25, 2024$126,7003,2954,1303.0 mi
74
MI-325971
Dirt · Off grid
45.4Jun 11, 2025$81,2001,7902,2204.7 mi
73
MI-714133
Dirt · Power at road
12.0Jul 27, 2026$54,2004,5283,7814.0 mi
71
MI-315360
Paved · Off grid
29.1Sep 20, 2024$82,7002,8382,4445.5 mi
70
MI-906599
Dirt · Off grid
71.5Mar 22, 2024$141,4001,9782,8323.3 mi
63
Show adjustment detail for the top comp
  • Tract size (33.88 ac → 36.34 ac)-1.2%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.