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Ontonagon County, MI · Sold

MI-914216

8319 County Road 155

$37,000
$2,909/ac · 12.72 ac
Acreage12.72 ac
Price per acre$2,909/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 20, 2026
Coordinates46.8527, -89.2175
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

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

View Ontonagon market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

626 ft of deeded road frontage.

Power1,454 ft away

Service extension needed; get a utility quote.

Buildable area10.21 of 12.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,872
$27,475$44,268 · $2,820/ac on 12.72 ac
Asking vs estimate
+3.1%
In line with 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 $37,000
Maximum allowable offer
$20,498
$1,611/ac · +30.0% target margin

You need $16,502 off asking to hit this margin.

All-in cost$22,240
Net resale$33,002
Projected profit$10,762
ROI+48.4%
Annualized+69.3%
Break-even resale$1,900/ac
Profit if resale lands off target
-20%
$4,161
-10%
$7,461
0%
$10,762
+10%
$14,062
+20%
$17,362
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-344546
Dirt · Power at road
16.2Apr 10, 2026$64,1003,9684,0798.7 mi
81
MI-394293
Dirt · Off grid
13.4Feb 27, 2025$34,3002,5503,1655.9 mi
77
MI-714730
Dirt · Power at road
18.5Oct 24, 2025$56,4003,0563,2527.4 mi
76
MI-874977
Paved · Off grid
22.1Apr 30, 2025$67,2003,0452,8995.2 mi
74
MI-725451
Dirt · Full utilities
31.1Jul 27, 2026$81,9002,6332,3974.6 mi
72
MI-783276
Dirt · Power at road
6.4Mar 12, 2026$12,9002,0101,9224.0 mi
72
MI-662542
Gravel · Power at road
3.8Jul 27, 2026$11,5003,0372,4005.7 mi
71
MI-125550
Paved · Off grid
33.4Jul 26, 2025$68,1002,0362,0455.3 mi
66
MI-295207
Gravel · Off grid
26.1Mar 7, 2024$51,2001,9642,3628.6 mi
63
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4693,4285.8 mi
63
Show adjustment detail for the top comp
  • Tract size (16.16 ac → 12.72 ac)+2.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.