← New search
Menominee County, MI · Sold

MI-562856

627 County Road 178

$18,300
$3,853/ac · 4.75 ac
Acreage4.75 ac
Price per acre$3,853/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedApr 17, 2026
Coordinates45.5610, -87.5248
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

Menominee County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Menominee market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope23.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

164 ft of deeded road frontage.

Power8,580 ft away

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

Buildable area2.68 of 4.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,048
$11,237$16,859 · $2,957/ac on 4.75 ac
Asking vs estimate
+30.3%
Priced above 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 $18,300
Maximum allowable offer
$8,027
$1,690/ac · +30.0% target margin

You need $10,273 off asking to hit this margin.

All-in cost$8,709
Net resale$12,924
Projected profit$4,215
ROI+48.4%
Annualized+69.3%
Break-even resale$1,993/ac
Profit if resale lands off target
-20%
$1,630
-10%
$2,923
0%
$4,215
+10%
$5,507
+20%
$6,800
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-222391
Landlocked · Off grid
3.4Apr 25, 2026$8,1002,3893,0224.1 mi
80
MI-104247
Dirt · Power at road
13.0Sep 21, 2025$54,0004,1503,9209.3 mi
69
MI-114333
Dirt · Off grid
13.8Mar 6, 2025$34,1002,4602,8114.8 mi
65
MI-573718
Paved · Power at road
8.9Jun 20, 2024$26,1002,9442,0612.0 mi
65
MI-544175
Gravel · Power at road
12.3Jul 29, 2024$42,4003,4312,9018.3 mi
57
Show adjustment detail for the top comp
  • Tract size (3.39 ac → 4.75 ac)-1.3%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (4 mo)+1.3%

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.