← New search
Menominee County, MI · Sold

MI-959786

9528 County Road 21

$1,207,100
$1,678/ac · 719 ac
Acreage719 ac
Price per acre$1,678/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 23, 2026
Coordinates45.5737, -87.5366
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

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands47.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

4,468 ft of deeded road frontage.

Power1,118 ft away

Service extension needed; get a utility quote.

Buildable area357.42 of 719.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,057,117
$881,332$1,232,903 · $1,470/ac on 719 ac
Asking vs estimate
+14.2%
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 $1,207,100
Maximum allowable offer
$604,067
$840/ac · +30.0% target margin

You need $603,033 off asking to hit this margin.

All-in cost$655,413
Net resale$972,548
Projected profit$317,135
ROI+48.4%
Annualized+69.2%
Break-even resale$990/ac
Profit if resale lands off target
-20%
$122,626
-10%
$219,880
0%
$317,135
+10%
$414,390
+20%
$511,645
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-978835
Gravel · Power at road
361.2Jul 27, 2026$798,0002,2091,80410.9 mi
76
MI-848282
Landlocked · Off grid
242.0Mar 6, 2025$240,2009921,3214.1 mi
63
MI-358681
Gravel · Off grid
323.1Jan 18, 2024$405,5001,2551,2903.8 mi
63
MI-146627
Paved · Full utilities
73.0Nov 24, 2025$321,0004,3991,6736.8 mi
58
MI-357354
Gravel · Off grid
123.5Sep 2, 2024$190,3001,5411,1842.4 mi
57
Show adjustment detail for the top comp
  • Tract size (361.21 ac → 719.37 ac)-18.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.