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Iron County, MI · Sold

MI-111709

7056 County Road 69

$7,000
$3,382/ac · 2.07 ac
Acreage2.07 ac
Price per acre$3,382/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJan 1, 2026
Coordinates46.2641, -88.6217
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

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

View Iron market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands45.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

347 ft of deeded road frontage.

Power9,434 ft away

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

Buildable area1.07 of 2.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,590
$7,813$11,366 · $4,633/ac on 2.07 ac
Asking vs estimate
-27.0%
Priced below 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 $7,000
Maximum allowable offer
$5,480
$2,647/ac · +30.0% target margin

You need $1,520 off asking to hit this margin.

All-in cost$5,946
Net resale$8,822
Projected profit$2,877
ROI+48.4%
Annualized+69.2%
Break-even resale$3,122/ac
Profit if resale lands off target
-20%
$1,112
-10%
$1,994
0%
$2,877
+10%
$3,759
+20%
$4,641
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-541507
Gravel · Full utilities
1.8Jul 5, 2026$11,4006,3884,4596.3 mi
84
MI-131323
Dirt · Power at road
1.6Dec 25, 2025$7,5004,8244,8714.1 mi
76
MI-270417
Paved · Off grid
0.8Jul 27, 2026$6,0007,4046,2083.3 mi
75
MI-592151
Dirt · Power at road
2.9May 30, 2025$14,7005,1565,3975.9 mi
71
MI-231493
Dirt · Power at road
1.8Apr 11, 2025$6,4003,6223,7719.5 mi
71
MI-233018
Landlocked · Full utilities
5.3Jul 27, 2026$16,7003,1303,3158.5 mi
69
MI-600400
Dirt · Power at road
0.8Jul 27, 2026$3,9004,8324,72512.9 mi
68
MI-540624
Gravel · Power at road
0.9Sep 3, 2024$4,3004,5454,13213.5 mi
59
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (1 mo)+0.5%

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.