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Menominee County, MI · Sold

MI-945086

2675 County Road 304

$123,700
$5,178/ac · 23.89 ac
Acreage23.89 ac
Price per acre$5,178/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJan 3, 2026
Coordinates45.5915, -87.5878
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
24
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

416 ft of deeded road frontage.

Power79 ft away

Power at or near the road.

Buildable area18.91 of 23.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$98,056
$77,075$119,037 · $4,104/ac on 23.89 ac
Asking vs estimate
+26.2%
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 $123,700
Maximum allowable offer
$56,032
$2,345/ac · +30.0% target margin

You need $67,668 off asking to hit this margin.

All-in cost$60,795
Net resale$90,212
Projected profit$29,417
ROI+48.4%
Annualized+69.3%
Break-even resale$2,766/ac
Profit if resale lands off target
-20%
$11,375
-10%
$20,396
0%
$29,417
+10%
$38,438
+20%
$47,459
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-465312
Dirt · Power at road
28.1Apr 3, 2026$96,7003,4384,9087.7 mi
85
MI-674950
Dirt · Power at road
21.6Jul 14, 2024$58,4002,6983,9728.6 mi
76
MI-105200
Paved · Off grid
25.9Nov 3, 2024$56,3002,1712,7788.7 mi
74
MI-104247
Dirt · Power at road
13.0Sep 21, 2025$54,0004,1505,49810.4 mi
73
MI-114333
Dirt · Off grid
13.8Mar 6, 2025$34,1002,4603,9431.2 mi
69
MI-146627
Paved · Full utilities
73.0Nov 24, 2025$321,0004,3994,5718.2 mi
65
MI-573718
Paved · Power at road
8.9Jun 20, 2024$26,1002,9442,8913.5 mi
65
MI-544175
Gravel · Power at road
12.3Jul 29, 2024$42,4003,4314,07010.5 mi
62
Show adjustment detail for the top comp
  • Tract size (28.14 ac → 23.89 ac)+2.5%
  • Access (Dirt → Paved)+37.2%
  • Market time (4 mo)+1.5%

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.