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Luce County, MI · Sold

MI-894224

6605 County Road 360

$36,300
$2,836/ac · 12.80 ac
Acreage12.80 ac
Price per acre$2,836/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJul 24, 2026
Coordinates46.5806, -85.6319
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

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

View Luce market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope23.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,914 ft away

A long utility run — price in solar/off-grid instead.

Buildable area7.63 of 12.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,723
$34,040$43,406 · $3,025/ac on 12.80 ac
Asking vs estimate
-6.3%
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 $36,300
Maximum allowable offer
$22,127
$1,729/ac · +30.0% target margin

You need $14,173 off asking to hit this margin.

All-in cost$24,008
Net resale$35,625
Projected profit$11,617
ROI+48.4%
Annualized+69.3%
Break-even resale$2,039/ac
Profit if resale lands off target
-20%
$4,492
-10%
$8,055
0%
$11,617
+10%
$15,180
+20%
$18,742
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-652500
Gravel · Off grid
3.7Jul 27, 2026$12,1003,2902,6264.5 mi
75
MI-183562
Gravel · Off grid
7.9Apr 29, 2025$32,2004,0673,5483.7 mi
71
MI-934086
Gravel · Full utilities
11.6Apr 11, 2024$57,1004,9283,2146.0 mi
70
MI-243570
Paved · Full utilities
8.0Dec 5, 2024$43,3005,4382,8479.3 mi
69
MI-995490
Gravel · Off grid
32.0Jun 9, 2025$104,6003,2673,3217.2 mi
68
MI-162862
Gravel · Full utilities
4.8Jul 20, 2026$26,6005,5773,1369.7 mi
68
MI-262896
Gravel · Off grid
4.9Dec 7, 2024$13,8002,8132,4278.9 mi
60
Show adjustment detail for the top comp
  • Tract size (3.67 ac → 12.8 ac)-7.4%
  • Access (Gravel → Dirt)-14.0%

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.