MI-125550
4364 County Road 32
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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?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Rolling to steep in places; pad prep likely.
Moderate flood hazard on part of the tract.
1,148 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
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 $20,541 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-725451 Dirt · Full utilities | 31.1 | Jul 27, 2026 | $81,900 | 2,633 | 2,492 | 2.2 mi | 87 |
| MI-916333 Gravel · Full utilities | 59.0 | Jul 27, 2026 | $217,200 | 3,684 | 3,382 | 5.4 mi | 81 |
| MI-305949 Paved · Off grid | 44.6 | Mar 9, 2026 | $93,100 | 2,086 | 2,237 | 8.4 mi | 80 |
| MI-735969 Dirt · Power at road | 45.3 | Mar 27, 2026 | $134,000 | 2,958 | 3,704 | 8.5 mi | 76 |
| MI-874977 Paved · Off grid | 22.1 | Apr 30, 2025 | $67,200 | 3,045 | 3,014 | 3.0 mi | 75 |
| MI-914216 Gravel · Off grid | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,637 | 5.3 mi | 74 |
| MI-995497 Dirt · Full utilities | 32.2 | Sep 2, 2024 | $123,700 | 3,846 | 3,952 | 10.3 mi | 71 |
| MI-714730 Dirt · Power at road | 18.5 | Oct 24, 2025 | $56,400 | 3,056 | 3,381 | 3.3 mi | 71 |
| MI-295207 Gravel · Off grid | 26.1 | Mar 7, 2024 | $51,200 | 1,964 | 2,456 | 5.8 mi | 69 |
| MI-344546 Dirt · Power at road | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 4,242 | 9.1 mi | 69 |
Show adjustment detail for the top comp
- Tract size (31.12 ac → 33.44 ac)-1.2%
- Access (Dirt → Paved)+37.2%
- Utilities (Full utilities → Off grid)-30.3%
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.