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Marquette County, MI · Sold

MI-292641

1987 County Road 245

$12,200
$3,005/ac · 4.06 ac
Acreage4.06 ac
Price per acre$3,005/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 7, 2023
Coordinates46.7429, -87.5885
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,982 ft away

Service extension needed; get a utility quote.

Buildable area3.61 of 4.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,907
$10,061$15,753 · $3,179/ac on 4.06 ac
Asking vs estimate
-5.5%
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 $12,200
Maximum allowable offer
$7,375
$1,817/ac · +30.0% target margin

You need $4,825 off asking to hit this margin.

All-in cost$8,002
Net resale$11,874
Projected profit$3,872
ROI+48.4%
Annualized+69.3%
Break-even resale$2,142/ac
Profit if resale lands off target
-20%
$1,498
-10%
$2,685
0%
$3,872
+10%
$5,060
+20%
$6,247
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-422498
Dirt · Power at road
3.7Jul 27, 2026$15,5004,2484,1925.2 mi
84
MI-342877
Gravel · Full utilities
4.8Jul 23, 2026$21,0004,3583,0669.5 mi
83
MI-512338
Dirt · Off grid
3.3Jan 25, 2026$7,8002,4052,8404.8 mi
79
MI-233064
Paved · Off grid
5.5May 1, 2026$14,1002,5592,2256.4 mi
79
MI-981148
Gravel · Off grid
1.4Jul 27, 2026$5,5003,9603,8664.2 mi
75
MI-273160
Dirt · Power at road
5.9Jul 27, 2026$23,3003,9363,96611.7 mi
75
MI-181115
Gravel · Power at road
1.4Jul 27, 2026$3,8002,8082,32912.2 mi
73
MI-731430
Gravel · Power at road
1.7May 8, 2026$4,6002,7402,30211.1 mi
69
MI-712540
Dirt · Power at road
3.8Jul 23, 2024$11,7003,0833,30211.0 mi
69
MI-703877
Gravel · Off grid
9.9Jan 7, 2025$32,1003,2243,6213.3 mi
68
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • 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.