MI-587211
612 County Road 366
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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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
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 $92,731 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-957416 Dirt · Full utilities | 129.2 | Jul 28, 2025 | $576,300 | 4,460 | 5,624 | 6.6 mi | 76 |
| MI-415988 Dirt · Power at road | 45.9 | Jul 27, 2026 | $186,500 | 4,061 | 4,732 | 1.9 mi | 75 |
| MI-468169 Dirt · Power at road | 223.0 | Oct 25, 2024 | $559,900 | 2,511 | 4,617 | 4.0 mi | 69 |
| MI-135517 Gravel · Full utilities | 32.6 | Sep 27, 2025 | $175,700 | 5,381 | 4,301 | 2.8 mi | 69 |
| MI-888917 Landlocked · Off grid | 383.3 | Jul 27, 2026 | $400,300 | 1,044 | 3,114 | 6.5 mi | 68 |
| MI-898643 Landlocked · Off grid | 314.3 | Jun 19, 2026 | $358,400 | 1,140 | 3,221 | 8.8 mi | 67 |
| MI-898880 Paved · Power at road | 373.2 | Apr 21, 2024 | $672,900 | 1,803 | 2,861 | 6.9 mi | 59 |
Show adjustment detail for the top comp
- Tract size (129.22 ac → 111.38 ac)+3.9%
- Access (Dirt → Gravel)+16.3%
- Market time (13 mo)+4.4%
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.