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Menominee County, MI · Sold

MI-360300

8139 County Road 257

$2,200
$2,933/ac · 0.75 ac
Acreage0.75 ac
Price per acre$2,933/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedAug 6, 2024
Coordinates45.5807, -87.5528
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

71 ft of deeded road frontage.

Power11,086 ft away

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

Buildable area0.69 of 0.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,777
$2,211$3,342 · $3,702/ac on 0.75 ac
Asking vs estimate
-20.8%
Priced below the comp set

Weighted from 4 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 $2,200
Maximum allowable offer
$1,587
$2,116/ac · +30.0% target margin

You need $613 off asking to hit this margin.

All-in cost$1,722
Net resale$2,555
Projected profit$833
ROI+48.4%
Annualized+69.2%
Break-even resale$2,496/ac
Profit if resale lands off target
-20%
$322
-10%
$577
0%
$833
+10%
$1,088
+20%
$1,344
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-220894
Gravel · Full utilities
1.1Jul 27, 2026$4,1003,5812,9638.3 mi
76
MI-562856
Dirt · Off grid
4.8Jul 27, 2026$15,2003,2054,5841.9 mi
68
MI-222391
Landlocked · Off grid
3.4Apr 25, 2026$8,1002,3894,3124.2 mi
67
MI-573718
Paved · Power at road
8.9Jun 20, 2024$26,1002,9442,9412.5 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.