MI-233018
9234 County Road 172
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.
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.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 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 $6,720 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-693864 Landlocked · Off grid | 9.9 | Jul 27, 2026 | $26,300 | 2,670 | 3,991 | 3.9 mi | 84 |
| MI-541507 Gravel · Full utilities | 1.8 | Jul 5, 2026 | $11,400 | 6,388 | 4,219 | 3.0 mi | 77 |
| MI-111709 Gravel · Off grid | 2.1 | Jul 27, 2026 | $6,500 | 3,128 | 2,966 | 8.5 mi | 69 |
| MI-424026 Gravel · Power at road | 11.1 | Feb 16, 2026 | $49,800 | 4,486 | 3,987 | 7.0 mi | 69 |
| MI-592151 Dirt · Power at road | 2.9 | May 30, 2025 | $14,700 | 5,156 | 5,107 | 6.4 mi | 66 |
| MI-131323 Dirt · Power at road | 1.6 | Dec 25, 2025 | $7,500 | 4,824 | 4,609 | 4.7 mi | 64 |
| MI-231493 Dirt · Power at road | 1.8 | Apr 11, 2025 | $6,400 | 3,622 | 3,568 | 2.7 mi | 63 |
Show adjustment detail for the top comp
- Tract size (9.86 ac → 5.34 ac)+3.9%
- Utilities (Off grid → Full utilities)+43.5%
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.