MI-269237
5178 County Road 178
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Mackinac County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Mackinac market data →Step 1 · Is this a deal?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $172,922 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-829327 Gravel · Full utilities | 515.9 | Jul 27, 2026 | $1,308,100 | 2,536 | 1,228 | 11.3 mi | 81 |
| MI-129217 Paved · Power at road | 476.4 | Apr 10, 2025 | $847,300 | 1,779 | 917 | 7.0 mi | 76 |
| MI-759594 Gravel · Off grid | 626.0 | Nov 8, 2025 | $1,130,700 | 1,806 | 1,371 | 8.9 mi | 75 |
| MI-618241 Paved · Off grid | 234.9 | Sep 29, 2025 | $397,300 | 1,691 | 818 | 6.4 mi | 74 |
| MI-137130 Gravel · Full utilities | 105.0 | Oct 22, 2024 | $266,300 | 2,535 | 843 | 12.7 mi | 51 |
Show adjustment detail for the top comp
- Tract size (515.88 ac → 483.31 ac)+2.0%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Full utilities → Off grid)-30.3%
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.