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Ontonagon County, MI · Sold

MI-714730

9593 County Road 70

$54,400
$2,947/ac · 18.46 ac
Acreage18.46 ac
Price per acre$2,947/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedNov 10, 2024
Coordinates46.7455, -89.2344
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
13
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

981 ft of deeded road frontage.

Power227 ft away

Power at or near the road.

Buildable area15.24 of 18.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,700
$40,752$64,648 · $2,855/ac on 18.46 ac
Asking vs estimate
+3.2%
In line with 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 $54,400
Maximum allowable offer
$30,114
$1,631/ac · +30.0% target margin

You need $24,286 off asking to hit this margin.

All-in cost$32,674
Net resale$48,484
Projected profit$15,810
ROI+48.4%
Annualized+69.3%
Break-even resale$1,924/ac
Profit if resale lands off target
-20%
$6,113
-10%
$10,962
0%
$15,810
+10%
$20,658
+20%
$25,507
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-344546
Dirt · Power at road
16.2Apr 10, 2026$64,1003,9683,96412.4 mi
86
MI-914216
Gravel · Off grid
12.7Jul 27, 2026$32,2002,5312,4657.4 mi
82
MI-874977
Paved · Off grid
22.1Apr 30, 2025$67,2003,0452,8172.5 mi
80
MI-725451
Dirt · Full utilities
31.1Jul 27, 2026$81,9002,6332,3305.5 mi
79
MI-394293
Dirt · Off grid
13.4Feb 27, 2025$34,3002,5503,0761.8 mi
75
MI-783276
Dirt · Power at road
6.4Mar 12, 2026$12,9002,0101,8685.7 mi
71
MI-735969
Dirt · Power at road
45.3Mar 27, 2026$134,0002,9583,4619.9 mi
71
MI-125550
Paved · Off grid
33.4Jul 26, 2025$68,1002,0361,9883.3 mi
69
MI-916333
Gravel · Full utilities
59.0Jul 27, 2026$217,2003,6843,1617.6 mi
68
MI-683102
Dirt · Power at road
5.7Mar 19, 2025$19,7003,4693,3313.1 mi
65
Show adjustment detail for the top comp
  • Tract size (16.16 ac → 18.46 ac)-1.5%
  • Market time (4 mo)+1.5%

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.