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Iron County, MI · Sold

MI-424026

6468 County Road 225

$47,700
$4,301/ac · 11.09 ac
Acreage11.09 ac
Price per acre$4,301/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedAug 28, 2025
Coordinates46.2126, -88.5960
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

712 ft of deeded road frontage.

Power109 ft away

Power at or near the road.

Buildable area9.87 of 11.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$50,878
$40,538$61,218 · $4,588/ac on 11.09 ac
Asking vs estimate
-6.2%
Priced below the comp set

Weighted from 7 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 $47,700
Maximum allowable offer
$29,073
$2,622/ac · +30.0% target margin

You need $18,627 off asking to hit this margin.

All-in cost$31,544
Net resale$46,808
Projected profit$15,264
ROI+48.4%
Annualized+69.3%
Break-even resale$3,092/ac
Profit if resale lands off target
-20%
$5,902
-10%
$10,583
0%
$15,264
+10%
$19,944
+20%
$24,625
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-693864
Landlocked · Off grid
9.9Jul 27, 2026$26,3002,6704,5843.6 mi
85
MI-111709
Gravel · Off grid
2.1Jul 27, 2026$6,5003,1283,4073.8 mi
73
MI-233018
Landlocked · Full utilities
5.3Jul 27, 2026$16,7003,1303,6037.0 mi
73
MI-415988
Dirt · Power at road
45.9Jul 27, 2026$186,5004,0615,7604.7 mi
70
MI-844981
Dirt · Off grid
22.1Mar 21, 2025$55,3002,4993,9072.9 mi
66
MI-135517
Gravel · Full utilities
32.6Sep 27, 2025$175,7005,3815,2369.3 mi
64
MI-592151
Dirt · Power at road
2.9May 30, 2025$14,7005,1565,8662.1 mi
63
Show adjustment detail for the top comp
  • Tract size (9.86 ac → 11.09 ac)-1.0%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%

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.