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Baraga County, MI · Sold

MI-708604

343 County Road 230

$794,400
$2,600/ac · 306 ac
Acreage306 ac
Price per acre$2,600/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 1, 2025
Coordinates46.6639, -88.4297
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
14
Low risk
Wetlands12.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,831 ft of deeded road frontage.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area254.57 of 305.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$779,106
$613,637$944,575 · $2,550/ac on 306 ac
Asking vs estimate
+2.0%
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 $794,400
Maximum allowable offer
$445,203
$1,457/ac · +30.0% target margin

You need $349,197 off asking to hit this margin.

All-in cost$483,045
Net resale$716,778
Projected profit$233,732
ROI+48.4%
Annualized+69.3%
Break-even resale$1,718/ac
Profit if resale lands off target
-20%
$90,377
-10%
$162,055
0%
$233,732
+10%
$305,410
+20%
$377,088
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8102,5276.2 mi
79
MI-748190
Landlocked · Off grid
226.4Aug 10, 2025$410,2001,8122,5498.5 mi
77
MI-819964
Dirt · Off grid
818.4Feb 23, 2026$935,8001,1431,8252.1 mi
76
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7923,6914.4 mi
75
MI-759012
Gravel · Off grid
410.6Nov 13, 2024$848,7002,0672,4213.9 mi
75
MI-568030
Landlocked · Power at road
201.6Oct 10, 2025$354,3001,7582,0213.0 mi
73
MI-269477
Gravel · Off grid
575.1Jun 14, 2025$1,446,1002,5153,1862.7 mi
73
MI-108840
Landlocked · Off grid
362.5Jun 6, 2024$611,0001,6862,8465.7 mi
72
MI-317232
Dirt · Off grid
113.1Dec 27, 2025$256,2002,2662,0595.0 mi
68
MI-177654
Paved · Off grid
153.5Jan 22, 2025$479,5003,1232,3254.5 mi
66
Show adjustment detail for the top comp
  • Tract size (218.01 ac → 305.55 ac)-9.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.