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Jackson County, MI · Sold

MI-138082

3088 County Road 124

$1,046,200
$4,998/ac · 209 ac
Acreage209 ac
Price per acre$4,998/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJan 5, 2024
Coordinates42.2367, -84.4506
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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

Jackson County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Jackson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands41.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,250 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area117.34 of 209.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$867,769
$730,107$1,005,431 · $4,145/ac on 209 ac
Asking vs estimate
+20.6%
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 $1,046,200
Maximum allowable offer
$495,868
$2,369/ac · +30.0% target margin

You need $550,332 off asking to hit this margin.

All-in cost$538,017
Net resale$798,348
Projected profit$260,331
ROI+48.4%
Annualized+69.2%
Break-even resale$2,794/ac
Profit if resale lands off target
-20%
$100,661
-10%
$180,496
0%
$260,331
+10%
$340,166
+20%
$420,001
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-158137
Landlocked · Power at road
217.8Jul 16, 2025$527,5002,4224,5932.1 mi
84
MI-947420
Dirt · Power at road
129.6Jul 27, 2026$321,1002,4783,0946.1 mi
77
MI-888703
Paved · Off grid
328.3Jul 27, 2026$1,023,1003,1174,3237.4 mi
76
MI-827576
Dirt · Off grid
145.1Feb 9, 2026$424,7002,9274,5153.6 mi
76
MI-968383
Gravel · Off grid
260.4Apr 29, 2025$510,4001,9613,1575.1 mi
75
MI-926767
Paved · Power at road
80.8Feb 7, 2026$462,6005,7284,7294.8 mi
72
MI-688346
Landlocked · Off grid
253.5Jul 5, 2024$484,0001,9104,6335.1 mi
70
Show adjustment detail for the top comp
  • Tract size (217.85 ac → 209.34 ac)+1.1%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (13 mo)+4.6%

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.