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Mackinac County, MI · Sold

MI-854720

4504 County Road 8

$42,800
$2,335/ac · 18.33 ac
Acreage18.33 ac
Price per acre$2,335/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMay 27, 2025
Coordinates46.2459, -85.2634
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

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

View Mackinac market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,744 ft away

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

Buildable area16.56 of 18.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,897
$35,682$54,112 · $2,449/ac on 18.33 ac
Asking vs estimate
-4.7%
In line with the comp set

Weighted from 5 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 $42,800
Maximum allowable offer
$25,655
$1,400/ac · +30.0% target margin

You need $17,145 off asking to hit this margin.

All-in cost$27,836
Net resale$41,305
Projected profit$13,470
ROI+48.4%
Annualized+69.3%
Break-even resale$1,651/ac
Profit if resale lands off target
-20%
$5,208
-10%
$9,339
0%
$13,470
+10%
$17,600
+20%
$21,731
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-434952
Gravel · Off grid
21.7Jul 27, 2026$92,5004,2672,9717.6 mi
83
MI-284990
Gravel · Off grid
22.3Jun 13, 2025$68,8003,0872,2594.6 mi
80
MI-334055
Paved · Power at road
11.3Mar 17, 2026$43,0003,8021,8025.6 mi
79
MI-973598
Dirt · Full utilities
8.1Oct 19, 2025$33,1004,0692,1501.0 mi
70
MI-825539
Gravel · Off grid
33.2Sep 18, 2024$130,0003,9203,1378.3 mi
64
Show adjustment detail for the top comp
  • Tract size (21.68 ac → 18.33 ac)+2.2%
  • Access (Gravel → Landlocked)-32.0%

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.