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Baraga County, MI · Sold

MI-845103

4694 County Road 316

$86,800
$3,588/ac · 24.19 ac
Acreage24.19 ac
Price per acre$3,588/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedDec 4, 2024
Coordinates46.7505, -88.3608
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands14.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

999 ft of deeded road frontage.

Power190 ft away

Power at or near the road.

Buildable area19.76 of 24.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,996
$97,483$126,508 · $4,630/ac on 24.19 ac
Asking vs estimate
-22.5%
Priced below 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 $86,800
Maximum allowable offer
$63,997
$2,646/ac · +30.0% target margin

You need $22,803 off asking to hit this margin.

All-in cost$69,437
Net resale$103,036
Projected profit$33,599
ROI+48.4%
Annualized+69.3%
Break-even resale$3,120/ac
Profit if resale lands off target
-20%
$12,992
-10%
$23,296
0%
$33,599
+10%
$43,903
+20%
$54,206
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-915048
Dirt · Off grid
23.2Jul 27, 2026$80,3003,4554,0517.5 mi
91
MI-984551
Dirt · Power at road
16.2Oct 26, 2025$87,2005,3785,2842.5 mi
79
MI-695823
Dirt · Off grid
40.8Dec 28, 2025$153,3003,7624,9487.6 mi
77
MI-625600
Dirt · Power at road
34.7Sep 11, 2025$140,2004,0434,4459.0 mi
74
MI-454808
Paved · Power at road
19.5Jul 1, 2024$121,4006,2184,7966.5 mi
70
MI-865929
Dirt · Off grid
44.0Dec 5, 2025$118,7002,6973,6089.1 mi
70
MI-314021
Landlocked · Power at road
11.1Feb 2, 2025$48,6004,3955,4135.3 mi
65
Show adjustment detail for the top comp
  • Tract size (23.24 ac → 24.19 ac)-0.6%
  • Utilities (Off grid → Power at road)+17.6%

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.