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Iron County, MI · Sold

MI-468169

6211 County Road 222

$536,300
$2,405/ac · 223 ac
Acreage223 ac
Price per acre$2,405/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 7, 2024
Coordinates46.1306, -88.5275
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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

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

View Iron market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,962 ft of deeded road frontage.

Power137 ft away

Power at or near the road.

Buildable area178.35 of 222.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$469,382
$339,459$599,304 · $2,105/ac on 223 ac
Asking vs estimate
+14.3%
Priced above the comp set

Weighted from 5 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 $536,300
Maximum allowable offer
$268,218
$1,203/ac · +30.0% target margin

You need $268,082 off asking to hit this margin.

All-in cost$291,017
Net resale$431,831
Projected profit$140,815
ROI+48.4%
Annualized+69.3%
Break-even resale$1,419/ac
Profit if resale lands off target
-20%
$54,449
-10%
$97,632
0%
$140,815
+10%
$183,998
+20%
$227,181
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-898643
Landlocked · Off grid
314.3Jun 19, 2026$358,4001,1401,8856.6 mi
78
MI-888917
Landlocked · Off grid
383.3Jul 27, 2026$400,3001,0441,8224.7 mi
77
MI-587211
Gravel · Full utilities
111.4Aug 6, 2025$348,4003,1281,9094.0 mi
73
MI-898880
Paved · Power at road
373.2Apr 21, 2024$672,9001,8031,6743.9 mi
71
MI-957416
Dirt · Full utilities
129.2Jul 28, 2025$576,3004,4603,2916.2 mi
71
Show adjustment detail for the top comp
  • Tract size (314.3 ac → 222.96 ac)+10.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.7%

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.