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Baraga County, MI · Sold

MI-759012

8490 County Road 289

$836,200
$2,036/ac · 411 ac
Acreage411 ac
Price per acre$2,036/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJul 22, 2024
Coordinates46.6960, -88.3617
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,940 ft of deeded road frontage.

Power11,268 ft away

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

Buildable area375.27 of 410.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,021,077
$806,904$1,235,249 · $2,487/ac on 411 ac
Asking vs estimate
-18.1%
Priced below 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 $836,200
Maximum allowable offer
$583,472
$1,421/ac · +30.0% target margin

You need $252,728 off asking to hit this margin.

All-in cost$633,067
Net resale$939,391
Projected profit$306,324
ROI+48.4%
Annualized+69.2%
Break-even resale$1,676/ac
Profit if resale lands off target
-20%
$118,445
-10%
$212,384
0%
$306,324
+10%
$400,263
+20%
$494,202
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7923,3835.4 mi
80
MI-708604
Gravel · Off grid
305.6Oct 8, 2025$814,3002,6652,5303.9 mi
79
MI-269477
Gravel · Off grid
575.1Jun 14, 2025$1,446,1002,5152,9202.8 mi
78
MI-568030
Landlocked · Power at road
201.6Oct 10, 2025$354,3001,7581,8521.0 mi
76
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8102,3165.2 mi
75
MI-819964
Dirt · Off grid
818.4Feb 23, 2026$935,8001,1431,6721.8 mi
75
MI-108840
Landlocked · Off grid
362.5Jun 6, 2024$611,0001,6862,6094.7 mi
73
MI-748190
Landlocked · Off grid
226.4Aug 10, 2025$410,2001,8122,3364.7 mi
70
MI-439827
Gravel · Power at road
741.1Aug 23, 2024$2,082,5002,8103,0956.3 mi
70
MI-139853
Gravel · Full utilities
755.1Nov 12, 2024$1,729,4002,2902,0615.3 mi
67
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (12 mo)+4.2%

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.