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Marquette County, MI · Sold

MI-233064

4945 County Road 92

$16,500
$2,989/ac · 5.52 ac
Acreage5.52 ac
Price per acre$2,989/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedMar 22, 2026
Coordinates46.6576, -87.5346
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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

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

View Marquette market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,318 ft away

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

Buildable area5.11 of 5.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,694
$18,218$25,171 · $3,930/ac on 5.52 ac
Asking vs estimate
-23.9%
Priced below the comp set

Weighted from 10 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 $16,500
Maximum allowable offer
$12,397
$2,246/ac · +30.0% target margin

You need $4,103 off asking to hit this margin.

All-in cost$13,451
Net resale$19,959
Projected profit$6,508
ROI+48.4%
Annualized+69.2%
Break-even resale$2,649/ac
Profit if resale lands off target
-20%
$2,516
-10%
$4,512
0%
$6,508
+10%
$8,504
+20%
$10,500
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-342877
Gravel · Full utilities
4.8Jul 23, 2026$21,0004,3583,5693.2 mi
89
MI-273160
Dirt · Power at road
5.9Jul 27, 2026$23,3003,9364,6185.4 mi
85
MI-422498
Dirt · Power at road
3.7Jul 27, 2026$15,5004,2484,8818.1 mi
81
MI-512338
Dirt · Off grid
3.3Jan 25, 2026$7,8002,4053,3079.2 mi
72
MI-292641
Gravel · Off grid
4.1Mar 12, 2024$11,5002,8373,6406.4 mi
68
MI-703877
Gravel · Off grid
9.9Jan 7, 2025$32,1003,2244,2167.2 mi
66
MI-712540
Dirt · Power at road
3.8Jul 23, 2024$11,7003,0833,8456.9 mi
66
MI-731430
Gravel · Power at road
1.7May 8, 2026$4,6002,7402,6808.8 mi
65
MI-744190
Dirt · Off grid
12.5Oct 22, 2024$31,0002,4833,8836.4 mi
63
MI-944621
Gravel · Off grid
17.1Jun 28, 2024$54,1003,1704,4592.1 mi
61
Show adjustment detail for the top comp
  • Tract size (4.82 ac → 5.52 ac)-0.6%
  • Access (Gravel → Paved)+18.0%
  • 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.