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Marquette County, MI · Sold

MI-944621

8697 County Road 43

$61,100
$3,581/ac · 17.06 ac
Acreage17.06 ac
Price per acre$3,581/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 31, 2023
Coordinates46.6507, -87.4912
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
26
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,486 ft away

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

Buildable area15.04 of 17.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$48,517
$38,641$58,392 · $2,844/ac on 17.06 ac
Asking vs estimate
+25.9%
Priced above the comp set

Weighted from 7 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 $61,100
Maximum allowable offer
$27,724
$1,625/ac · +30.0% target margin

You need $33,376 off asking to hit this margin.

All-in cost$30,081
Net resale$44,635
Projected profit$14,555
ROI+48.4%
Annualized+69.2%
Break-even resale$1,917/ac
Profit if resale lands off target
-20%
$5,628
-10%
$10,091
0%
$14,555
+10%
$19,018
+20%
$23,482
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-605010
Landlocked · Power at road
22.6Jul 27, 2026$52,6002,3283,0228.1 mi
79
MI-273160
Dirt · Power at road
5.9Jul 27, 2026$23,3003,9363,5763.9 mi
76
MI-744190
Dirt · Off grid
12.5Oct 22, 2024$31,0002,4833,0078.5 mi
73
MI-935829
Landlocked · Full utilities
40.9Jul 27, 2026$105,4002,5763,0164.9 mi
72
MI-233064
Paved · Off grid
5.5May 1, 2026$14,1002,5592,0062.1 mi
71
MI-703877
Gravel · Off grid
9.9Jan 7, 2025$32,1003,2243,2667.8 mi
69
MI-285032
Landlocked · Full utilities
23.0Nov 13, 2024$38,0001,6531,88911.2 mi
66
Show adjustment detail for the top comp
  • Tract size (22.61 ac → 17.06 ac)+3.6%
  • Access (Landlocked → Gravel)+47.1%
  • 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.