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Luce County, MI · Sold

MI-221574

6395 County Road 107

$11,600
$6,170/ac · 1.88 ac
Acreage1.88 ac
Price per acre$6,170/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedApr 22, 2025
Coordinates46.5452, -85.5115
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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

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

View Luce market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

105 ft of deeded road frontage.

Power4,982 ft away

Service extension needed; get a utility quote.

Buildable area1.68 of 1.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,583
$7,252$9,915 · $4,566/ac on 1.88 ac
Asking vs estimate
+35.1%
Priced above 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 $11,600
Maximum allowable offer
$4,905
$2,609/ac · +30.0% target margin

You need $6,695 off asking to hit this margin.

All-in cost$5,322
Net resale$7,897
Projected profit$2,575
ROI+48.4%
Annualized+69.2%
Break-even resale$3,077/ac
Profit if resale lands off target
-20%
$995
-10%
$1,785
0%
$2,575
+10%
$3,364
+20%
$4,154
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-871752
Dirt · Off grid
2.1Jul 27, 2026$6,9003,2264,4482.9 mi
87
MI-871598
Gravel · Power at road
1.9Jun 1, 2025$8,4004,4204,6593.7 mi
82
MI-652500
Gravel · Off grid
3.7Jul 27, 2026$12,1003,2903,9601.8 mi
79
MI-162862
Gravel · Full utilities
4.8Jul 20, 2026$26,6005,5774,7283.6 mi
77
MI-202106
Dirt · Power at road
2.8Jun 19, 2025$14,0005,0616,2445.3 mi
70
MI-800205
Gravel · Off grid
0.7Feb 4, 2026$2,7003,9264,6786.6 mi
68
MI-291167
Dirt · Power at road
1.4Oct 27, 2023$4,4003,1744,1184.6 mi
67
MI-262896
Gravel · Off grid
4.9Dec 7, 2024$13,8002,8133,6593.0 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%

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.