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Oakland County, MI · Sold

MI-661865

823 County Road 392

$8,400
$3,621/ac · 2.32 ac
Acreage2.32 ac
Price per acre$3,621/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJan 23, 2026
Coordinates42.6189, -83.3752
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
23
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope21.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

263 ft of deeded road frontage.

Power3,246 ft away

Service extension needed; get a utility quote.

Buildable area1.36 of 2.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,756
$10,238$13,274 · $5,067/ac on 2.32 ac
Asking vs estimate
-28.5%
Priced below 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 $8,400
Maximum allowable offer
$6,718
$2,896/ac · +30.0% target margin

You need $1,682 off asking to hit this margin.

All-in cost$7,289
Net resale$10,816
Projected profit$3,527
ROI+48.4%
Annualized+69.2%
Break-even resale$3,415/ac
Profit if resale lands off target
-20%
$1,363
-10%
$2,445
0%
$3,527
+10%
$4,608
+20%
$5,690
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-931793
Gravel · Off grid
2.2Jul 27, 2026$13,3006,0276,0331.1 mi
92
MI-832247
Paved · Off grid
3.1Jul 27, 2026$20,1006,5755,6255.0 mi
83
MI-921857
Dirt · Off grid
2.3Jul 24, 2025$8,4003,6644,4501.8 mi
82
MI-762759
Gravel · Power at road
4.4Jul 18, 2026$20,7004,6694,0634.5 mi
78
MI-321480
Dirt · Off grid
1.8Feb 15, 2026$6,6003,7714,4519.0 mi
76
MI-100300
Gravel · Off grid
0.8Jul 27, 2026$4,0005,3575,2843.7 mi
75
MI-252839
Gravel · Off grid
4.7May 15, 2025$24,6005,2515,6541.1 mi
73
MI-101115
Paved · Full utilities
1.4Mar 18, 2026$9,8007,2334,3026.5 mi
72
MI-560260
Paved · Power at road
0.7Jun 19, 2026$5,4007,4405,3080.4 mi
72
MI-521079
Gravel · Off grid
1.3Feb 13, 2024$6,4004,8855,3440.8 mi
70
Show adjustment detail for the top comp

    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.