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Baraga County, MI · Sold

MI-139853

7998 County Road 17

$1,828,100
$2,421/ac · 755 ac
Acreage755 ac
Price per acre$2,421/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedSep 12, 2024
Coordinates46.6539, -88.2680
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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
33
Moderate risk
Wetlands22.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area553.11 of 755.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,304,588
$1,853,354$2,755,821 · $3,052/ac on 755 ac
Asking vs estimate
-20.7%
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 $1,828,100
Maximum allowable offer
$1,316,907
$1,744/ac · +30.0% target margin

You need $511,193 off asking to hit this margin.

All-in cost$1,428,844
Net resale$2,120,221
Projected profit$691,376
ROI+48.4%
Annualized+69.2%
Break-even resale$2,057/ac
Profit if resale lands off target
-20%
$267,332
-10%
$479,354
0%
$691,376
+10%
$903,399
+20%
$1,115,421
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-819964
Dirt · Off grid
818.4Feb 23, 2026$935,8001,1431,9956.3 mi
80
MI-269477
Gravel · Off grid
575.1Jun 14, 2025$1,446,1002,5153,4848.0 mi
73
MI-439827
Gravel · Power at road
741.1Aug 23, 2024$2,082,5002,8103,69210.5 mi
73
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8102,7632.4 mi
70
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7924,03610.6 mi
69
MI-759012
Gravel · Off grid
410.6Nov 13, 2024$848,7002,0672,6485.3 mi
67
MI-708604
Gravel · Off grid
305.6Oct 8, 2025$814,3002,6653,0187.7 mi
66
MI-748190
Landlocked · Off grid
226.4Aug 10, 2025$410,2001,8122,7874.0 mi
62
MI-108840
Landlocked · Off grid
362.5Jun 6, 2024$611,0001,6863,1129.9 mi
58
Show adjustment detail for the top comp
  • Tract size (818.38 ac → 755.15 ac)+2.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (6 mo)+2.0%

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.