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Ontonagon County, MI · Sold

MI-993169

7860 County Road 344

$17,000
$2,852/ac · 5.96 ac
Acreage5.96 ac
Price per acre$2,852/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedNov 4, 2023
Coordinates46.8377, -89.3434
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

2 items to verify before you offer.

Risk index
18
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,752 ft away

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

Buildable area5.31 of 5.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,084
$11,331$18,836 · $2,531/ac on 5.96 ac
Asking vs estimate
+12.7%
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 $17,000
Maximum allowable offer
$8,619
$1,446/ac · +30.0% target margin

You need $8,381 off asking to hit this margin.

All-in cost$9,352
Net resale$13,877
Projected profit$4,525
ROI+48.4%
Annualized+69.3%
Break-even resale$1,706/ac
Profit if resale lands off target
-20%
$1,750
-10%
$3,138
0%
$4,525
+10%
$5,913
+20%
$7,301
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-783276
Dirt · Power at road
6.4Mar 12, 2026$12,9002,0101,7478.9 mi
86
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4693,1155.1 mi
78
MI-552831
Dirt · Power at road
4.7Nov 18, 2024$16,2003,4843,1416.7 mi
76
MI-662542
Gravel · Power at road
3.8Jul 27, 2026$11,5003,0372,1818.5 mi
76
MI-901939
Gravel · Power at road
2.4Jul 27, 2026$6,6002,6931,9096.7 mi
76
MI-914216
Gravel · Off grid
12.7Jul 27, 2026$32,2002,5312,3056.0 mi
75
MI-221494
Gravel · Power at road
1.8Jul 1, 2026$4,6002,5901,8295.0 mi
73
MI-344546
Dirt · Power at road
16.2Apr 10, 2026$64,1003,9683,7074.2 mi
71
MI-394293
Dirt · Off grid
13.4Feb 27, 2025$34,3002,5502,8767.7 mi
66
MI-312136
Gravel · Power at road
2.8Sep 26, 2025$10,3003,6572,6937.1 mi
66
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.8%

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.