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Baraga County, MI · Sold

MI-625600

5073 County Road 255

$142,300
$4,104/ac · 34.67 ac
Acreage34.67 ac
Price per acre$4,104/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 14, 2025
Coordinates46.6238, -88.3131
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
27
Low risk
Wetlands25.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

654 ft of deeded road frontage.

Power191 ft away

Power at or near the road.

Buildable area24.44 of 34.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$143,474
$119,289$167,660 · $4,138/ac on 34.67 ac
Asking vs estimate
-0.8%
In line with the comp set

Weighted from 8 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 $142,300
Maximum allowable offer
$81,985
$2,365/ac · +30.0% target margin

You need $60,315 off asking to hit this margin.

All-in cost$88,954
Net resale$131,996
Projected profit$43,043
ROI+48.4%
Annualized+69.3%
Break-even resale$2,789/ac
Profit if resale lands off target
-20%
$16,643
-10%
$29,843
0%
$43,043
+10%
$56,242
+20%
$69,442
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-865929
Dirt · Off grid
44.0Dec 5, 2025$118,7002,6973,4101.2 mi
82
MI-695823
Dirt · Off grid
40.8Dec 28, 2025$153,3003,7624,6766.3 mi
80
MI-915048
Dirt · Off grid
23.2Jul 27, 2026$80,3003,4553,8288.0 mi
80
MI-845103
Dirt · Power at road
24.2Jan 5, 2026$81,1003,3513,2489.0 mi
77
MI-984551
Dirt · Power at road
16.2Oct 26, 2025$87,2005,3784,9936.6 mi
76
MI-317232
Dirt · Off grid
113.1Dec 27, 2025$256,2002,2663,5285.3 mi
72
MI-314021
Landlocked · Power at road
11.1Feb 2, 2025$48,6004,3955,1156.3 mi
65
MI-454808
Paved · Power at road
19.5Jul 1, 2024$121,4006,2184,5328.9 mi
63
Show adjustment detail for the top comp
  • Tract size (44 ac → 34.67 ac)+4.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (8 mo)+2.9%

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.