Baraga County, MI · Sold

MI-819964

7919 County Road 238

$1,022,700

$1,250/ac · 818 ac

Offer report Market this tract

Acreage818 ac

Price per acre$1,250/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedSep 2, 2025

Coordinates46.6820, -88.3940

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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

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

Low risk

Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

6,190 ft of deeded road frontage.

Power11,968 ft away

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

Buildable area654.62 of 818.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,536,975

$1,285,441 – $1,788,510 · $1,878/ac on 818 ac

Asking vs estimate

-33.5%

Priced below the comp set

Weighted from 7 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 $1,022,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$878,272

$1,073/ac · +30.0% target margin

You need $144,428 off asking to hit this margin.

All-in cost$952,925

Net resale$1,414,017

Projected profit$461,092

ROI+48.4%

Annualized+69.2%

Break-even resale$1,266/ac

Profit if resale lands off target

-20%

$178,289

-10%

$319,690

$461,092

+10%

$602,494

+20%

$743,896

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-269477 Gravel · Off grid	575.1	Jun 14, 2025	$1,446,100	2,515	2,036	1.9 mi	75
MI-708604 Gravel · Off grid	305.6	Oct 8, 2025	$814,300	2,665	1,764	2.1 mi	74
MI-139853 Gravel · Full utilities	755.1	Nov 12, 2024	$1,729,400	2,290	1,437	6.3 mi	72
MI-439014 Dirt · Off grid	411.2	Aug 19, 2025	$1,148,200	2,792	2,359	4.5 mi	72
MI-439827 Gravel · Power at road	741.1	Aug 23, 2024	$2,082,500	2,810	2,158	7.3 mi	71
MI-759012 Gravel · Off grid	410.6	Nov 13, 2024	$848,700	2,067	1,548	1.8 mi	68
MI-108840 Landlocked · Off grid	362.5	Jun 6, 2024	$611,000	1,686	1,819	4.8 mi	63

Show adjustment detail for the top comp

Tract size (575.09 ac → 818.38 ac)-10.3%
Access (Gravel → Dirt)-14.0%
Market time (14 mo)+4.9%

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