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Ontonagon County, MI · Sold

MI-221494

9055 County Road 53

$5,100
$2,881/ac · 1.77 ac
Acreage1.77 ac
Price per acre$2,881/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 23, 2026
Coordinates46.7851, -89.2714
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power36 ft away

Power at or near the road.

Buildable area1.52 of 1.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,328
$4,812$7,845 · $3,575/ac on 1.77 ac
Asking vs estimate
-19.4%
Priced below 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 $5,100
Maximum allowable offer
$3,616
$2,043/ac · +30.0% target margin

You need $1,484 off asking to hit this margin.

All-in cost$3,923
Net resale$5,822
Projected profit$1,899
ROI+48.4%
Annualized+69.3%
Break-even resale$2,409/ac
Profit if resale lands off target
-20%
$734
-10%
$1,317
0%
$1,899
+10%
$2,481
+20%
$3,063
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-901939
Gravel · Power at road
2.4Jul 27, 2026$6,6002,6932,71711.1 mi
86
MI-662542
Gravel · Power at road
3.8Jul 27, 2026$11,5003,0373,1053.9 mi
80
MI-340210
Gravel · Power at road
0.7Jul 27, 2026$1,9002,6812,6575.3 mi
77
MI-510621
Gravel · Power at road
0.9Feb 12, 2025$2,0002,1702,2882.9 mi
76
MI-312136
Gravel · Power at road
2.8Sep 26, 2025$10,3003,6573,8336.0 mi
75
MI-260378
Dirt · Full utilities
0.8Jul 27, 2026$4,0005,1094,8315.1 mi
74
MI-980890
Landlocked · Full utilities
1.1Jan 19, 2025$3,1002,7623,5262.6 mi
69
MI-552831
Dirt · Power at road
4.7Nov 18, 2024$16,2003,4844,4703.2 mi
68
MI-362138
Landlocked · Full utilities
2.8Jan 2, 2025$9,5003,3804,3976.7 mi
67
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4694,4340.4 mi
65
Show adjustment detail for the top comp
  • Tract size (2.44 ac → 1.77 ac)+0.7%

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.