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Ontonagon County, MI · Sold

MI-340210

7116 County Road 234

$2,200
$3,143/ac · 0.70 ac
Acreage0.70 ac
Price per acre$3,143/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 12, 2025
Coordinates46.8526, -89.2177
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

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands22.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

102 ft of deeded road frontage.

Power160 ft away

Power at or near the road.

Buildable area0.52 of 0.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,456
$1,792$3,119 · $3,509/ac on 0.70 ac
Asking vs estimate
-10.4%
Priced below the comp set

Weighted from 7 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 $2,200
Maximum allowable offer
$1,403
$2,005/ac · +30.0% target margin

You need $797 off asking to hit this margin.

All-in cost$1,522
Net resale$2,259
Projected profit$737
ROI+48.4%
Annualized+69.3%
Break-even resale$2,364/ac
Profit if resale lands off target
-20%
$285
-10%
$511
0%
$737
+10%
$963
+20%
$1,189
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-260378
Dirt · Full utilities
0.8Jul 27, 2026$4,0005,1094,8851.0 mi
87
MI-221494
Gravel · Power at road
1.8Jul 1, 2026$4,6002,5902,6325.3 mi
76
MI-130351
Dirt · Off grid
0.8Feb 9, 2025$2,5003,2184,6852.1 mi
76
MI-360467
Landlocked · Off grid
0.8May 23, 2025$1,6001,8933,4504.3 mi
75
MI-510621
Gravel · Power at road
0.9Feb 12, 2025$2,0002,1702,3137.8 mi
73
MI-901939
Gravel · Power at road
2.4Jul 27, 2026$6,6002,6932,7478.7 mi
72
MI-980890
Landlocked · Full utilities
1.1Jan 19, 2025$3,1002,7623,5657.3 mi
70
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.