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Mackinac County, MI · Sold

MI-396588

5422 County Road 88

$170,500
$2,404/ac · 70.93 ac
Acreage70.93 ac
Price per acre$2,404/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedDec 6, 2023
Coordinates46.1076, -85.2215
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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

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

View Mackinac market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
55
High risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope24.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,978 ft away

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

Buildable area40.34 of 70.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$133,787
$101,133$166,441 · $1,886/ac on 70.93 ac
Asking vs estimate
+27.4%
Priced above 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 $170,500
Maximum allowable offer
$76,450
$1,078/ac · +30.0% target margin

You need $94,050 off asking to hit this margin.

All-in cost$82,948
Net resale$123,084
Projected profit$40,136
ROI+48.4%
Annualized+69.2%
Break-even resale$1,271/ac
Profit if resale lands off target
-20%
$15,519
-10%
$27,827
0%
$40,136
+10%
$52,444
+20%
$64,753
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-434952
Gravel · Off grid
21.7Jul 27, 2026$92,5004,2672,3472.2 mi
73
MI-618241
Paved · Off grid
234.9Sep 29, 2025$397,3001,6911,3769.0 mi
66
MI-137130
Gravel · Full utilities
105.0Oct 22, 2024$266,3002,5351,4198.1 mi
66
MI-825539
Gravel · Off grid
33.2Sep 18, 2024$130,0003,9202,4787.3 mi
62
MI-284990
Gravel · Off grid
22.3Jun 13, 2025$68,8003,0871,7847.8 mi
61
Show adjustment detail for the top comp
  • Tract size (21.68 ac → 70.93 ac)-19.3%
  • 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.