Ontonagon County, MI · Sold

MI-305949

7113 County Road 65

$96,100

$2,152/ac · 44.65 ac

Offer report Market this tract

Acreage44.65 ac

Price per acre$2,152/ac

ZoningMixed Use

Road accessPaved

UtilitiesOff grid

TopographySloped

ListedMay 9, 2025

Coordinates46.9062, -89.2433

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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

Low risk

Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope15.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,721 ft of deeded road frontage.

Power14,138 ft away

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

Buildable area33.83 of 44.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$130,548

$101,803 – $159,293 · $2,924/ac on 44.65 ac

Asking vs estimate

-26.4%

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 $96,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$74,599

$1,671/ac · +30.0% target margin

You need $21,501 off asking to hit this margin.

All-in cost$80,940

Net resale$120,104

Projected profit$39,164

ROI+48.4%

Annualized+69.2%

Break-even resale$1,970/ac

Profit if resale lands off target

-20%

$15,143

-10%

$27,154

$39,164

+10%

$51,174

+20%

$63,185

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-735969 Dirt · Power at road	45.3	Mar 27, 2026	$134,000	2,958	3,516	4.7 mi	87
MI-916333 Gravel · Full utilities	59.0	Jul 27, 2026	$217,200	3,684	3,211	3.8 mi	82
MI-725451 Dirt · Full utilities	31.1	Jul 27, 2026	$81,900	2,633	2,366	6.9 mi	78
MI-125550 Paved · Off grid	33.4	Jul 26, 2025	$68,100	2,036	2,019	8.4 mi	75
MI-995497 Dirt · Full utilities	32.2	Sep 2, 2024	$123,700	3,846	3,752	2.4 mi	74
MI-316819 Gravel · Off grid	83.8	Feb 4, 2025	$154,500	1,843	2,649	2.8 mi	69
MI-874977 Paved · Off grid	22.1	Apr 30, 2025	$67,200	3,045	2,861	9.0 mi	67
MI-295207 Gravel · Off grid	26.1	Mar 7, 2024	$51,200	1,964	2,331	9.6 mi	67
MI-344546 Dirt · Power at road	16.2	Apr 10, 2026	$64,100	3,968	4,026	7.3 mi	66
MI-817631 Landlocked · Power at road	151.0	Jul 27, 2026	$183,100	1,212	2,379	11.1 mi	65

Show adjustment detail for the top comp

Access (Dirt → Paved)+37.2%
Utilities (Power at road → Off grid)-15.0%
Market time (5 mo)+1.6%

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.

Build the listing kit Post a deal or JV