← New search
Baraga County, MI · Sold

MI-903029

2529 County Road 58

$27,900
$5,186/ac · 5.38 ac
Acreage5.38 ac
Price per acre$5,186/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedAug 24, 2023
Coordinates46.6429, -88.4251
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

Baraga County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Baraga market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands12.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power197 ft away

Power at or near the road.

Buildable area4.48 of 5.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,671
$23,994$37,348 · $5,701/ac on 5.38 ac
Asking vs estimate
-9.0%
Priced below the comp set

Weighted from 9 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 $27,900
Maximum allowable offer
$17,526
$3,258/ac · +30.0% target margin

You need $10,374 off asking to hit this margin.

All-in cost$19,016
Net resale$28,217
Projected profit$9,202
ROI+48.4%
Annualized+69.3%
Break-even resale$3,842/ac
Profit if resale lands off target
-20%
$3,558
-10%
$6,380
0%
$9,202
+10%
$12,023
+20%
$14,845
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-112858
Paved · Off grid
4.8Jun 21, 2025$27,5005,7685,9957.8 mi
78
MI-915048
Dirt · Off grid
23.2Jul 27, 2026$80,3003,4555,3992.7 mi
68
MI-314021
Landlocked · Power at road
11.1Feb 2, 2025$48,6004,3957,2142.8 mi
68
MI-511186
Gravel · Power at road
1.4Aug 6, 2025$5,5003,8753,8914.1 mi
66
MI-984551
Dirt · Power at road
16.2Oct 26, 2025$87,2005,3787,0426.3 mi
65
MI-410966
Landlocked · Full utilities
1.2Jun 5, 2026$7,1005,8856,8715.8 mi
65
MI-220906
Dirt · Power at road
1.2Jul 2, 2026$4,0003,4343,8549.9 mi
65
MI-845103
Dirt · Power at road
24.2Jan 5, 2026$81,1003,3514,5818.0 mi
62
MI-454808
Paved · Power at road
19.5Jul 1, 2024$121,4006,2186,3924.1 mi
58
Show adjustment detail for the top comp
  • Tract size (4.76 ac → 5.38 ac)-0.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (14 mo)+4.8%

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.