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Baraga County, MI · Sold

MI-314021

4934 County Road 1

$58,300
$5,276/ac · 11.05 ac
Acreage11.05 ac
Price per acre$5,276/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedDec 16, 2023
Coordinates46.6828, -88.4146
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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
44
Moderate risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10 ft away

Power at or near the road.

Buildable area8.79 of 11.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,827
$36,444$47,210 · $3,785/ac on 11.05 ac
Asking vs estimate
+39.4%
Priced above 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 $58,300
Maximum allowable offer
$23,901
$2,163/ac · +30.0% target margin

You need $34,399 off asking to hit this margin.

All-in cost$25,933
Net resale$38,481
Projected profit$12,548
ROI+48.4%
Annualized+69.3%
Break-even resale$2,551/ac
Profit if resale lands off target
-20%
$4,852
-10%
$8,700
0%
$12,548
+10%
$16,396
+20%
$20,244
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-984551
Dirt · Power at road
16.2Oct 26, 2025$87,2005,3784,5664.0 mi
80
MI-915048
Dirt · Off grid
23.2Jul 27, 2026$80,3003,4553,5012.7 mi
76
MI-845103
Dirt · Power at road
24.2Jan 5, 2026$81,1003,3512,9705.3 mi
70
MI-625600
Dirt · Power at road
34.7Sep 11, 2025$140,2004,0433,8416.3 mi
68
MI-454808
Paved · Power at road
19.5Jul 1, 2024$121,4006,2184,1452.7 mi
67
MI-112858
Paved · Off grid
4.8Jun 21, 2025$27,5005,7683,8875.1 mi
64
MI-903029
Gravel · Power at road
5.4Oct 19, 2023$26,0004,8283,5022.8 mi
64
Show adjustment detail for the top comp
  • Tract size (16.22 ac → 11.05 ac)+3.9%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (10 mo)+3.4%

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.