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Iron County, MI · Sold

MI-231493

219 County Road 34

$7,800
$4,407/ac · 1.77 ac
Acreage1.77 ac
Price per acre$4,407/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 28, 2024
Coordinates46.2610, -88.4239
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power112 ft away

Power at or near the road.

Buildable area1.51 of 1.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,119
$6,419$9,819 · $4,587/ac on 1.77 ac
Asking vs estimate
-3.9%
In line with 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 $7,800
Maximum allowable offer
$4,640
$2,621/ac · +30.0% target margin

You need $3,160 off asking to hit this margin.

All-in cost$5,034
Net resale$7,470
Projected profit$2,435
ROI+48.4%
Annualized+69.2%
Break-even resale$3,092/ac
Profit if resale lands off target
-20%
$941
-10%
$1,688
0%
$2,435
+10%
$3,182
+20%
$3,929
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-131323
Dirt · Power at road
1.6Dec 25, 2025$7,5004,8244,9435.4 mi
87
MI-541507
Gravel · Full utilities
1.8Jul 5, 2026$11,4006,3884,5263.2 mi
86
MI-111709
Gravel · Off grid
2.1Jul 27, 2026$6,5003,1283,1819.5 mi
80
MI-233018
Landlocked · Full utilities
5.3Jul 27, 2026$16,7003,1303,3642.7 mi
72
MI-600400
Dirt · Power at road
0.8Jul 27, 2026$3,9004,8324,79516.2 mi
72
MI-592151
Dirt · Power at road
2.9May 30, 2025$14,7005,1565,4778.8 mi
71
MI-270417
Paved · Off grid
0.8Jul 27, 2026$6,0007,4046,30010.6 mi
71
MI-540624
Gravel · Power at road
0.9Sep 3, 2024$4,3004,5454,19313.3 mi
61
Show adjustment detail for the top comp
  • Market time (8 mo)+2.7%

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.