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Oakland County, MI · Sold

MI-762759

8696 County Road 263

$23,800
$5,372/ac · 4.43 ac
Acreage4.43 ac
Price per acre$5,372/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 11, 2025
Coordinates42.6572, -83.3025
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

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

View Oakland market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

403 ft of deeded road frontage.

Power227 ft away

Power at or near the road.

Buildable area3.65 of 4.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,011
$20,565$29,457 · $5,646/ac on 4.43 ac
Asking vs estimate
-4.8%
In line with 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 $23,800
Maximum allowable offer
$14,292
$3,226/ac · +30.0% target margin

You need $9,508 off asking to hit this margin.

All-in cost$15,507
Net resale$23,010
Projected profit$7,504
ROI+48.4%
Annualized+69.3%
Break-even resale$3,805/ac
Profit if resale lands off target
-20%
$2,901
-10%
$5,203
0%
$7,504
+10%
$9,805
+20%
$12,106
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-832247
Paved · Off grid
3.1Jul 27, 2026$20,1006,5756,4850.9 mi
82
MI-931793
Gravel · Off grid
2.2Jul 27, 2026$13,3006,0276,9565.5 mi
81
MI-252839
Gravel · Off grid
4.7May 15, 2025$24,6005,2516,5184.8 mi
79
MI-661865
Gravel · Off grid
2.3Feb 20, 2026$7,4003,1753,7354.5 mi
74
MI-573888
Gravel · Off grid
10.0Jul 27, 2026$48,0004,7815,91610.3 mi
73
MI-354317
Dirt · Power at road
13.7Jul 27, 2026$65,9004,8116,0514.1 mi
73
MI-423914
Gravel · Power at road
10.2Mar 6, 2025$54,2005,3005,9082.9 mi
69
MI-921857
Dirt · Off grid
2.3Jul 24, 2025$8,4003,6645,1313.8 mi
69
MI-321480
Dirt · Off grid
1.8Feb 15, 2026$6,6003,7715,1316.4 mi
67
MI-314027
Landlocked · Full utilities
11.1Jan 18, 2026$35,1003,1614,1296.9 mi
66
Show adjustment detail for the top comp
  • Tract size (3.06 ac → 4.43 ac)-1.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%

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.