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Marquette County, MI · Sold

MI-744190

8952 County Road 296

$29,400
$2,356/ac · 12.48 ac
Acreage12.48 ac
Price per acre$2,356/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 30, 2023
Coordinates46.6748, -87.6672
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

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

View Marquette market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope28.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

400 ft of deeded road frontage.

Power14,264 ft away

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

Buildable area7.30 of 12.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,184
$26,645$39,724 · $2,659/ac on 12.48 ac
Asking vs estimate
-11.4%
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 $29,400
Maximum allowable offer
$18,962
$1,519/ac · +30.0% target margin

You need $10,438 off asking to hit this margin.

All-in cost$20,574
Net resale$30,530
Projected profit$9,956
ROI+48.4%
Annualized+69.3%
Break-even resale$1,792/ac
Profit if resale lands off target
-20%
$3,850
-10%
$6,903
0%
$9,956
+10%
$13,009
+20%
$16,062
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-273160
Dirt · Power at road
5.9Jul 27, 2026$23,3003,9363,17811.2 mi
77
MI-605010
Landlocked · Power at road
22.6Jul 27, 2026$52,6002,3282,6866.4 mi
75
MI-422498
Dirt · Power at road
3.7Jul 27, 2026$15,5004,2483,3592.6 mi
74
MI-944621
Gravel · Off grid
17.1Jun 28, 2024$54,1003,1703,0698.5 mi
72
MI-233064
Paved · Off grid
5.5May 1, 2026$14,1002,5591,7836.4 mi
72
MI-703877
Gravel · Off grid
9.9Jan 7, 2025$32,1003,2242,9029.0 mi
71
MI-342877
Gravel · Full utilities
4.8Jul 23, 2026$21,0004,3582,4579.2 mi
69
MI-935829
Landlocked · Full utilities
40.9Jul 27, 2026$105,4002,5762,6806.4 mi
68
MI-285032
Landlocked · Full utilities
23.0Nov 13, 2024$38,0001,6531,6793.5 mi
65
MI-712540
Dirt · Power at road
3.8Jul 23, 2024$11,7003,0832,6466.1 mi
64
Show adjustment detail for the top comp
  • Tract size (5.92 ac → 12.48 ac)-5.2%
  • Utilities (Power at road → Off grid)-15.0%

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.