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Luce County, MI · Sold

MI-871752

1426 County Road 174

$7,800
$3,662/ac · 2.13 ac
Acreage2.13 ac
Price per acre$3,662/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 4, 2025
Coordinates46.5477, -85.5733
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

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope27.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

362 ft of deeded road frontage.

Power3,694 ft away

Service extension needed; get a utility quote.

Buildable area1.24 of 2.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,446
$6,082$8,811 · $3,496/ac on 2.13 ac
Asking vs estimate
+4.7%
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
$4,255
$1,998/ac · +30.0% target margin

You need $3,545 off asking to hit this margin.

All-in cost$4,617
Net resale$6,851
Projected profit$2,234
ROI+48.4%
Annualized+69.3%
Break-even resale$2,356/ac
Profit if resale lands off target
-20%
$864
-10%
$1,549
0%
$2,234
+10%
$2,919
+20%
$3,604
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-221574
Paved · Off grid
1.9Jun 28, 2026$11,2005,9424,3442.9 mi
86
MI-652500
Gravel · Off grid
3.7Jul 27, 2026$12,1003,2902,8791.5 mi
81
MI-202106
Dirt · Power at road
2.8Jun 19, 2025$14,0005,0614,5395.3 mi
80
MI-871598
Gravel · Power at road
1.9Jun 1, 2025$8,4004,4203,3874.8 mi
76
MI-162862
Gravel · Full utilities
4.8Jul 20, 2026$26,6005,5773,4376.2 mi
72
MI-291167
Dirt · Power at road
1.4Oct 27, 2023$4,4003,1742,9944.3 mi
68
MI-800205
Gravel · Off grid
0.7Feb 4, 2026$2,7003,9263,4018.9 mi
65
MI-262896
Gravel · Off grid
4.9Dec 7, 2024$13,8002,8132,6605.3 mi
64
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Market time (2 mo)+0.6%

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.