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Baraga County, MI · Sold

MI-748190

3017 County Road 116

$430,400
$1,901/ac · 226 ac
Acreage226 ac
Price per acre$1,901/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJan 6, 2025
Coordinates46.7117, -88.2644
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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
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope3.2%

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.

Power10,764 ft away

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

Buildable area190.11 of 226.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$430,873
$345,212$516,534 · $1,903/ac on 226 ac
Asking vs estimate
-0.1%
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 $430,400
Maximum allowable offer
$246,213
$1,088/ac · +30.0% target margin

You need $184,187 off asking to hit this margin.

All-in cost$267,141
Net resale$396,403
Projected profit$129,262
ROI+48.4%
Annualized+69.2%
Break-even resale$1,283/ac
Profit if resale lands off target
-20%
$49,981
-10%
$89,622
0%
$129,262
+10%
$168,902
+20%
$208,543
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8101,8735.9 mi
85
MI-568030
Landlocked · Power at road
201.6Oct 10, 2025$354,3001,7581,4985.5 mi
80
MI-708604
Gravel · Off grid
305.6Oct 8, 2025$814,3002,6652,0468.5 mi
78
MI-317232
Dirt · Off grid
113.1Dec 27, 2025$256,2002,2661,5263.6 mi
72
MI-177654
Paved · Off grid
153.5Jan 22, 2025$479,5003,1231,7234.3 mi
71
MI-108840
Landlocked · Off grid
362.5Jun 6, 2024$611,0001,6862,1108.1 mi
68
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7922,7369.7 mi
67
MI-227850
Gravel · Off grid
176.9Nov 9, 2023$370,4002,0931,4848.1 mi
67
MI-759012
Gravel · Off grid
410.6Nov 13, 2024$848,7002,0671,7954.7 mi
67
MI-269477
Gravel · Off grid
575.1Jun 14, 2025$1,446,1002,5152,3617.4 mi
64
Show adjustment detail for the top comp
  • Tract size (218.01 ac → 226.38 ac)-1.1%
  • Access (Dirt → Landlocked)-20.9%
  • 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.