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Ontonagon County, MI · Sold

MI-783276

2577 County Road 288

$15,300
$2,376/ac · 6.44 ac
Acreage6.44 ac
Price per acre$2,376/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 12, 2025
Coordinates46.8106, -89.1599
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
11
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power110 ft away

Power at or near the road.

Buildable area5.90 of 6.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,833
$17,062$24,605 · $3,235/ac on 6.44 ac
Asking vs estimate
-26.6%
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 $15,300
Maximum allowable offer
$11,905
$1,849/ac · +30.0% target margin

You need $3,395 off asking to hit this margin.

All-in cost$12,917
Net resale$19,167
Projected profit$6,250
ROI+48.4%
Annualized+69.2%
Break-even resale$2,180/ac
Profit if resale lands off target
-20%
$2,416
-10%
$4,333
0%
$6,250
+10%
$8,166
+20%
$10,083
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-662542
Gravel · Power at road
3.8Jul 27, 2026$11,5003,0372,5553.1 mi
80
MI-552831
Dirt · Power at road
4.7Nov 18, 2024$16,2003,4843,6792.4 mi
80
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4693,6505.9 mi
79
MI-993169
Dirt · Off grid
6.0Jun 11, 2024$15,3002,5673,2838.9 mi
77
MI-914216
Gravel · Off grid
12.7Jul 27, 2026$32,2002,5312,7004.0 mi
75
MI-901939
Gravel · Power at road
2.4Jul 27, 2026$6,6002,6932,23612.7 mi
73
MI-344546
Dirt · Power at road
16.2Apr 10, 2026$64,1003,9684,34312.3 mi
69
MI-714730
Dirt · Power at road
18.5Oct 24, 2025$56,4003,0563,4625.7 mi
68
MI-394293
Dirt · Off grid
13.4Feb 27, 2025$34,3002,5503,3704.0 mi
67
MI-312136
Gravel · Power at road
2.8Sep 26, 2025$10,3003,6573,15511.5 mi
64
Show adjustment detail for the top comp
  • Tract size (3.78 ac → 6.44 ac)-2.4%
  • Access (Gravel → Dirt)-14.0%

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.