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Marquette County, MI · Sold

MI-179257

3096 County Road 389

$562,200
$1,146/ac · 490 ac
Acreage490 ac
Price per acre$1,146/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMay 7, 2025
Coordinates46.7524, -87.4835
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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
16
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope14.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,138 ft of deeded road frontage.

Power140 ft away

Power at or near the road.

Buildable area365.23 of 490.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$709,814
$591,739$827,890 · $1,448/ac on 490 ac
Asking vs estimate
-20.8%
Priced below the comp set

Weighted from 5 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 $562,200
Maximum allowable offer
$405,608
$827/ac · +30.0% target margin

You need $156,592 off asking to hit this margin.

All-in cost$440,085
Net resale$653,029
Projected profit$212,945
ROI+48.4%
Annualized+69.2%
Break-even resale$975/ac
Profit if resale lands off target
-20%
$82,339
-10%
$147,642
0%
$212,945
+10%
$278,247
+20%
$343,550
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-998505
Dirt · Power at road
284.4May 6, 2026$490,7001,7261,4869.7 mi
76
MI-449730
Dirt · Power at road
690.8Dec 4, 2024$822,8001,1911,4167.3 mi
72
MI-198627
Dirt · Off grid
310.7Jul 21, 2025$340,3001,0951,17610.8 mi
69
MI-979652
Landlocked · Power at road
652.8Oct 28, 2024$564,9008651,28410.5 mi
69
MI-579632
Landlocked · Off grid
643.4Mar 25, 2024$686,8001,0671,89810.3 mi
65
Show adjustment detail for the top comp
  • Tract size (284.4 ac → 490.37 ac)-14.9%
  • Market time (3 mo)+1.2%

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.