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Menominee County, MI · Sold

MI-544175

8610 County Road 299

$43,100
$3,490/ac · 12.35 ac
Acreage12.35 ac
Price per acre$3,490/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedDec 7, 2023
Coordinates45.4421, -87.5541
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

575 ft of deeded road frontage.

Power215 ft away

Power at or near the road.

Buildable area10.59 of 12.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$48,587
$37,578$59,596 · $3,934/ac on 12.35 ac
Asking vs estimate
-11.3%
Priced below 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 $43,100
Maximum allowable offer
$27,764
$2,248/ac · +30.0% target margin

You need $15,336 off asking to hit this margin.

All-in cost$30,124
Net resale$44,700
Projected profit$14,576
ROI+48.4%
Annualized+69.2%
Break-even resale$2,651/ac
Profit if resale lands off target
-20%
$5,636
-10%
$10,106
0%
$14,576
+10%
$19,046
+20%
$23,516
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-104247
Dirt · Power at road
13.0Sep 21, 2025$54,0004,1505,0333.1 mi
81
MI-465312
Dirt · Power at road
28.1Apr 3, 2026$96,7003,4384,4933.0 mi
73
MI-114333
Dirt · Off grid
13.8Mar 6, 2025$34,1002,4603,61011.7 mi
71
MI-945086
Paved · Power at road
23.9Mar 17, 2026$127,2005,3234,95710.5 mi
70
MI-562856
Dirt · Off grid
4.8Jul 27, 2026$15,2003,2054,1258.3 mi
69
MI-573718
Paved · Power at road
8.9Jun 20, 2024$26,1002,9442,6477.1 mi
68
MI-674950
Dirt · Power at road
21.6Jul 14, 2024$58,4002,6983,63610.7 mi
63
MI-105200
Paved · Off grid
25.9Nov 3, 2024$56,3002,1712,54314.1 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (11 mo)+3.8%

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.