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Marquette County, MI · Sold

MI-907370

4214 County Road 138

$408,700
$3,270/ac · 125 ac
Acreage125 ac
Price per acre$3,270/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMar 3, 2024
Coordinates46.7235, -87.6283
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,190 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area106.86 of 124.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$370,342
$311,834$428,849 · $2,963/ac on 125 ac
Asking vs estimate
+10.4%
Priced above the comp set

Weighted from 8 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 $408,700
Maximum allowable offer
$211,624
$1,693/ac · +30.0% target margin

You need $197,076 off asking to hit this margin.

All-in cost$229,612
Net resale$340,714
Projected profit$111,102
ROI+48.4%
Annualized+69.2%
Break-even resale$1,997/ac
Profit if resale lands off target
-20%
$42,959
-10%
$77,031
0%
$111,102
+10%
$145,174
+20%
$179,245
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-587417
Gravel · Power at road
129.3Sep 8, 2025$355,6002,7503,5182.3 mi
83
MI-806791
Dirt · Power at road
82.2Jul 27, 2026$176,9002,1532,7602.5 mi
80
MI-416994
Dirt · Off grid
95.2Jul 27, 2026$167,4001,7592,74812.9 mi
76
MI-896896
Gravel · Off grid
88.7Nov 28, 2025$244,2002,7543,7387.2 mi
75
MI-998505
Dirt · Power at road
284.4May 6, 2026$490,7001,7263,1053.1 mi
72
MI-935829
Landlocked · Full utilities
40.9Jul 27, 2026$105,4002,5762,9568.4 mi
70
MI-886804
Dirt · Power at road
82.9Dec 24, 2024$137,0001,6522,26411.6 mi
69
MI-198627
Dirt · Off grid
310.7Jul 21, 2025$340,3001,0952,4574.1 mi
65
Show adjustment detail for the top comp
  • Tract size (129.31 ac → 124.98 ac)+0.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (11 mo)+3.9%

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.