MI-848282
7521 County Road 28
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Menominee County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Menominee market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $103,303 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-978835 Gravel · Power at road | 361.2 | Jul 27, 2026 | $798,000 | 2,209 | 1,438 | 6.9 mi | 78 |
| MI-358681 Gravel · Off grid | 323.1 | Jan 18, 2024 | $405,500 | 1,255 | 1,028 | 6.1 mi | 73 |
| MI-959786 Paved · Off grid | 719.4 | Jul 27, 2026 | $1,210,700 | 1,683 | 1,344 | 4.1 mi | 73 |
| MI-146627 Paved · Full utilities | 73.0 | Nov 24, 2025 | $321,000 | 4,399 | 1,334 | 4.6 mi | 68 |
| MI-357354 Gravel · Off grid | 123.5 | Sep 2, 2024 | $190,300 | 1,541 | 944 | 4.8 mi | 66 |
Show adjustment detail for the top comp
- Tract size (361.21 ac → 241.98 ac)+12.3%
- Access (Gravel → Landlocked)-32.0%
- 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.