MI-362138
7212 County Road 302
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
No legal access of record — resale is severely limited.
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 $4,786 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-662542 Gravel · Power at road | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 2,549 | 7.9 mi | 84 |
| MI-901939 Gravel · Power at road | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 2,231 | 6.6 mi | 83 |
| MI-221494 Gravel · Power at road | 1.8 | Jul 1, 2026 | $4,600 | 2,590 | 2,138 | 6.7 mi | 77 |
| MI-312136 Gravel · Power at road | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 3,147 | 11.8 mi | 75 |
| MI-783276 Dirt · Power at road | 6.4 | Mar 12, 2026 | $12,900 | 2,010 | 2,041 | 6.2 mi | 69 |
| MI-552831 Dirt · Power at road | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 3,670 | 5.4 mi | 66 |
| MI-360467 Landlocked · Off grid | 0.8 | May 23, 2025 | $1,600 | 1,893 | 2,801 | 2.3 mi | 65 |
| MI-980890 Landlocked · Full utilities | 1.1 | Jan 19, 2025 | $3,100 | 2,762 | 2,895 | 8.2 mi | 64 |
| MI-683102 Dirt · Power at road | 5.7 | Mar 19, 2025 | $19,700 | 3,469 | 3,640 | 7.1 mi | 63 |
| MI-993169 Dirt · Off grid | 6.0 | Jun 11, 2024 | $15,300 | 2,567 | 3,274 | 5.7 mi | 61 |
Show adjustment detail for the top comp
- Tract size (3.78 ac → 2.82 ac)+0.9%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Power at road → Full utilities)+22.0%
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.
