← New search
Oakland County, MI · Sold

MI-189798

1358 County Road 273

$1,034,100
$1,425/ac · 726 ac
Acreage726 ac
Price per acre$1,425/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 20, 2024
Coordinates42.6710, -83.4601
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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,130 ft of deeded road frontage.

Power4,702 ft away

Service extension needed; get a utility quote.

Buildable area667.31 of 725.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,072,513
$908,574$1,236,452 · $1,478/ac on 726 ac
Asking vs estimate
-3.6%
In line with the comp set

Weighted from 6 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 $1,034,100
Maximum allowable offer
$612,865
$845/ac · +30.0% target margin

You need $421,235 off asking to hit this margin.

All-in cost$664,959
Net resale$986,712
Projected profit$321,753
ROI+48.4%
Annualized+69.2%
Break-even resale$996/ac
Profit if resale lands off target
-20%
$124,411
-10%
$223,082
0%
$321,753
+10%
$420,425
+20%
$519,096
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-269199
Gravel · Power at road
470.2Jun 20, 2026$1,341,2002,8531,8394.6 mi
77
MI-878832
Landlocked · Power at road
360.4Jul 27, 2026$535,7001,4861,2962.9 mi
77
MI-888591
Landlocked · Full utilities
302.7Nov 30, 2025$598,2001,9761,3797.5 mi
65
MI-828727
Gravel · Full utilities
334.0Dec 2, 2023$1,003,8003,0051,5871.1 mi
62
MI-787288
Gravel · Power at road
117.8Apr 20, 2025$298,3002,5331,1590.9 mi
58
MI-587276
Paved · Power at road
116.8Sep 28, 2025$475,9004,0771,5507.3 mi
56
Show adjustment detail for the top comp
  • Tract size (470.19 ac → 725.65 ac)-12.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.6%

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.