MI-901939
3642 County Road 232
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Ontonagon County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Ontonagon market data →Step 1 · Is this a deal?
3 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.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $2,632 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-221494 Gravel · Power at road | 1.8 | Jul 1, 2026 | $4,600 | 2,590 | 2,586 | 11.1 mi | 85 |
| MI-662542 Gravel · Power at road | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 3,084 | 13.7 mi | 78 |
| MI-312136 Gravel · Power at road | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 3,807 | 13.7 mi | 76 |
| MI-362138 Landlocked · Full utilities | 2.8 | Jan 2, 2025 | $9,500 | 3,380 | 4,368 | 6.6 mi | 72 |
| MI-340210 Gravel · Power at road | 0.7 | Jul 27, 2026 | $1,900 | 2,681 | 2,640 | 8.7 mi | 72 |
| MI-783276 Dirt · Power at road | 6.4 | Mar 12, 2026 | $12,900 | 2,010 | 2,469 | 12.7 mi | 70 |
| MI-260378 Dirt · Full utilities | 0.8 | Jul 27, 2026 | $4,000 | 5,109 | 4,799 | 7.9 mi | 69 |
| MI-552831 Dirt · Power at road | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 4,440 | 11.4 mi | 67 |
| MI-510621 Gravel · Power at road | 0.9 | Feb 12, 2025 | $2,000 | 2,170 | 2,273 | 14.0 mi | 65 |
| MI-993169 Dirt · Off grid | 6.0 | Jun 11, 2024 | $15,300 | 2,567 | 3,962 | 6.7 mi | 64 |
Show adjustment detail for the top comp
- Tract size (1.77 ac → 2.44 ac)-0.7%
- Market time (1 mo)+0.5%
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.