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Baraga County, MI · Sold

MI-177654

2790 County Road 369

$475,700
$3,098/ac · 154 ac
Acreage154 ac
Price per acre$3,098/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJul 19, 2024
Coordinates46.7045, -88.3549
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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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,758 ft away

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

Buildable area143.67 of 153.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$543,577
$433,470$653,683 · $3,541/ac on 154 ac
Asking vs estimate
-12.5%
Priced below 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 $475,700
Maximum allowable offer
$310,615
$2,023/ac · +30.0% target margin

You need $165,085 off asking to hit this margin.

All-in cost$337,017
Net resale$500,090
Projected profit$163,073
ROI+48.4%
Annualized+69.2%
Break-even resale$2,386/ac
Profit if resale lands off target
-20%
$63,055
-10%
$113,064
0%
$163,073
+10%
$213,082
+20%
$263,091
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-317232
Dirt · Off grid
113.1Dec 27, 2025$256,2002,2662,9470.9 mi
80
MI-768138
Dirt · Power at road
218.0Jul 27, 2026$612,7002,8103,6175.6 mi
79
MI-568030
Landlocked · Power at road
201.6Oct 10, 2025$354,3001,7582,8921.7 mi
77
MI-748190
Landlocked · Off grid
226.4Aug 10, 2025$410,2001,8123,6484.3 mi
74
MI-227850
Gravel · Off grid
176.9Nov 9, 2023$370,4002,0932,8656.0 mi
71
MI-708604
Gravel · Off grid
305.6Oct 8, 2025$814,3002,6653,9514.5 mi
70
MI-439014
Dirt · Off grid
411.2Aug 19, 2025$1,148,2002,7925,2835.5 mi
70
MI-865929
Dirt · Off grid
44.0Dec 5, 2025$118,7002,6972,8486.1 mi
69
MI-759012
Gravel · Off grid
410.6Nov 13, 2024$848,7002,0673,4660.7 mi
66
MI-108840
Landlocked · Off grid
362.5Jun 6, 2024$611,0001,6864,0744.5 mi
62
Show adjustment detail for the top comp
  • Tract size (113.09 ac → 153.53 ac)-7.7%
  • Access (Dirt → Paved)+37.2%
  • Market time (8 mo)+2.7%

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.