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Marquette County, MI · Sold

MI-979652

4807 County Road 132

$650,100
$996/ac · 653 ac
Acreage653 ac
Price per acre$996/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedSep 19, 2024
Coordinates46.6359, -87.6249
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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

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope15.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power72 ft away

Power at or near the road.

Buildable area493.01 of 652.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$676,581
$544,845$808,318 · $1,036/ac on 653 ac
Asking vs estimate
-3.9%
In line with 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 $650,100
Maximum allowable offer
$386,618
$592/ac · +30.0% target margin

You need $263,482 off asking to hit this margin.

All-in cost$419,481
Net resale$622,455
Projected profit$202,974
ROI+48.4%
Annualized+69.2%
Break-even resale$698/ac
Profit if resale lands off target
-20%
$78,483
-10%
$140,729
0%
$202,974
+10%
$265,220
+20%
$327,465
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-579632
Landlocked · Off grid
643.4Mar 25, 2024$686,8001,0671,3768.4 mi
78
MI-179257
Dirt · Power at road
490.4May 19, 2026$548,7001,11981910.5 mi
78
MI-449730
Dirt · Power at road
690.8Dec 4, 2024$822,8001,1911,0273.2 mi
77
MI-998505
Dirt · Power at road
284.4May 6, 2026$490,7001,7261,0777.8 mi
71
MI-198627
Dirt · Off grid
310.7Jul 21, 2025$340,3001,0958528.4 mi
64
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (29 mo)+10.1%

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.