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Ontonagon County, MI · Sold

MI-312136

571 County Road 96

$11,800
$4,184/ac · 2.82 ac
Acreage2.82 ac
Price per acre$4,184/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMay 4, 2025
Coordinates46.7370, -89.3779
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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

Ontonagon County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Ontonagon market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope31.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power129 ft away

Power at or near the road.

Buildable area1.63 of 2.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,407
$7,121$11,693 · $3,336/ac on 2.82 ac
Asking vs estimate
+25.4%
Priced above the comp set

Weighted from 10 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 $11,800
Maximum allowable offer
$5,375
$1,906/ac · +30.0% target margin

You need $6,425 off asking to hit this margin.

All-in cost$5,832
Net resale$8,654
Projected profit$2,822
ROI+48.4%
Annualized+69.3%
Break-even resale$2,248/ac
Profit if resale lands off target
-20%
$1,092
-10%
$1,957
0%
$2,822
+10%
$3,688
+20%
$4,553
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-901939
Gravel · Power at road
2.4Jul 27, 2026$6,6002,6932,68913.7 mi
83
MI-662542
Gravel · Power at road
3.8Jul 27, 2026$11,5003,0373,0729.2 mi
83
MI-221494
Gravel · Power at road
1.8Jul 1, 2026$4,6002,5902,5776.0 mi
81
MI-362138
Landlocked · Full utilities
2.8Jan 2, 2025$9,5003,3804,35211.8 mi
71
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4694,3885.7 mi
71
MI-783276
Dirt · Power at road
6.4Mar 12, 2026$12,9002,0102,46011.5 mi
68
MI-552831
Dirt · Power at road
4.7Nov 18, 2024$16,2003,4844,4249.2 mi
65
MI-510621
Gravel · Power at road
0.9Feb 12, 2025$2,0002,1702,2645.7 mi
64
MI-980890
Landlocked · Full utilities
1.1Jan 19, 2025$3,1002,7623,4903.7 mi
63
MI-993169
Dirt · Off grid
6.0Jun 11, 2024$15,3002,5673,9477.1 mi
60
Show adjustment detail for the top comp

    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.