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Baraga County, MI · Sold

MI-108840

8294 County Road 343

$571,600
$1,577/ac · 363 ac
Acreage363 ac
Price per acre$1,577/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedFeb 8, 2024
Coordinates46.7470, -88.4271
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
42
Moderate risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,456 ft away

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

Buildable area283.35 of 362.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$592,159
$460,036$724,282 · $1,633/ac on 363 ac
Asking vs estimate
-3.5%
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 $571,600
Maximum allowable offer
$338,376
$933/ac · +30.0% target margin

You need $233,224 off asking to hit this margin.

All-in cost$367,138
Net resale$544,786
Projected profit$177,648
ROI+48.4%
Annualized+69.3%
Break-even resale$1,101/ac
Profit if resale lands off target
-20%
$68,691
-10%
$123,169
0%
$177,648
+10%
$232,127
+20%
$286,605
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7922,3872.6 mi
80
MI-708604
Gravel · Off grid
305.6Oct 8, 2025$814,3002,6651,7855.7 mi
78
MI-759012
Gravel · Off grid
410.6Nov 13, 2024$848,7002,0671,5664.7 mi
75
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8101,6349.8 mi
74
MI-748190
Landlocked · Off grid
226.4Aug 10, 2025$410,2001,8121,6488.1 mi
73
MI-269477
Gravel · Off grid
575.1Jun 14, 2025$1,446,1002,5152,0603.1 mi
73
MI-568030
Landlocked · Power at road
201.6Oct 10, 2025$354,3001,7581,3075.1 mi
72
MI-819964
Dirt · Off grid
818.4Feb 23, 2026$935,8001,1431,1804.8 mi
72
MI-227850
Gravel · Off grid
176.9Nov 9, 2023$370,4002,0931,2953.2 mi
68
MI-317232
Dirt · Off grid
113.1Dec 27, 2025$256,2002,2661,3325.4 mi
66
Show adjustment detail for the top comp
  • Tract size (411.22 ac → 362.52 ac)+3.8%
  • Access (Dirt → Landlocked)-20.9%
  • 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.