MI-270417
4837 County Road 181
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Iron County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Iron market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
180 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $3,476 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-600400 Dirt · Power at road | 0.8 | Jul 27, 2026 | $3,900 | 4,832 | 5,647 | 9.7 mi | 87 |
| MI-111709 Gravel · Off grid | 2.1 | Jul 27, 2026 | $6,500 | 3,128 | 3,747 | 3.3 mi | 75 |
| MI-541507 Gravel · Full utilities | 1.8 | Jul 5, 2026 | $11,400 | 6,388 | 5,330 | 7.6 mi | 71 |
| MI-131323 Dirt · Power at road | 1.6 | Dec 25, 2025 | $7,500 | 4,824 | 5,822 | 5.5 mi | 70 |
| MI-540624 Gravel · Power at road | 0.9 | Sep 3, 2024 | $4,300 | 4,545 | 4,938 | 10.9 mi | 68 |
| MI-231493 Dirt · Power at road | 1.8 | Apr 11, 2025 | $6,400 | 3,622 | 4,508 | 10.6 mi | 61 |
Show adjustment detail for the top comp
- 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.