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Oakland County, MI · Sold

MI-587276

8200 County Road 346

$482,700
$4,134/ac · 117 ac
Acreage117 ac
Price per acre$4,134/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMay 24, 2025
Coordinates42.6906, -83.3181
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,116 ft of deeded road frontage.

Power84 ft away

Power at or near the road.

Buildable area103.04 of 116.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$432,189
$361,118$503,261 · $3,702/ac on 117 ac
Asking vs estimate
+11.7%
Priced above 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 $482,700
Maximum allowable offer
$246,965
$2,115/ac · +30.0% target margin

You need $235,735 off asking to hit this margin.

All-in cost$267,957
Net resale$397,614
Projected profit$129,657
ROI+48.4%
Annualized+69.3%
Break-even resale$2,495/ac
Profit if resale lands off target
-20%
$50,134
-10%
$89,896
0%
$129,657
+10%
$169,419
+20%
$209,180
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-426714
Dirt · Full utilities
77.7May 16, 2026$255,7003,2903,3873.2 mi
78
MI-787288
Gravel · Power at road
117.8Apr 20, 2025$298,3002,5333,1626.7 mi
77
MI-878832
Landlocked · Power at road
360.4Jul 27, 2026$535,7001,4863,5364.5 mi
76
MI-116073
Dirt · Off grid
48.8Jul 27, 2026$142,1002,9093,8576.6 mi
71
MI-206410
Dirt · Full utilities
62.4Aug 10, 2024$186,7002,9953,1501.7 mi
70
MI-165719
Dirt · Off grid
37.8Jul 27, 2026$103,5002,7383,4595.7 mi
69
MI-266761
Landlocked · Full utilities
80.4Jul 5, 2025$199,1002,4773,3678.8 mi
69
MI-635983
Dirt · Power at road
45.8Oct 12, 2025$210,2004,5935,2812.9 mi
68
MI-888591
Landlocked · Full utilities
302.7Nov 30, 2025$598,2001,9763,7624.3 mi
66
MI-828727
Gravel · Full utilities
334.0Dec 2, 2023$1,003,8003,0054,3297.1 mi
55
Show adjustment detail for the top comp
  • Tract size (77.71 ac → 116.75 ac)-9.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.1%

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.