Oakland County, MI · Sold

MI-116073

3016 County Road 117

$136,200

$2,789/ac · 48.84 ac

Offer report Market this tract

Acreage48.84 ac

Price per acre$2,789/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedMay 16, 2026

Coordinates42.5952, -83.3308

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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

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

Low risk

Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,798 ft of deeded road frontage.

Power1,818 ft away

Service extension needed; get a utility quote.

Buildable area41.85 of 48.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$148,555

$115,492 – $181,618 · $3,042/ac on 48.84 ac

Asking vs estimate

-8.3%

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 $136,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$84,889

$1,738/ac · +30.0% target margin

You need $51,311 off asking to hit this margin.

All-in cost$92,105

Net resale$136,671

Projected profit$44,566

ROI+48.4%

Annualized+69.2%

Break-even resale$2,050/ac

Profit if resale lands off target

-20%

$17,232

-10%

$30,899

$44,566

+10%

$58,233

+20%

$71,900

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-165719 Dirt · Off grid	37.8	Jul 27, 2026	$103,500	2,738	2,614	11.2 mi	83
MI-495463 Gravel · Off grid	31.4	Jul 27, 2026	$89,800	2,859	2,275	6.8 mi	79
MI-635983 Dirt · Power at road	45.8	Oct 12, 2025	$210,200	4,593	3,991	9.3 mi	78
MI-426714 Dirt · Full utilities	77.7	May 16, 2026	$255,700	3,290	2,559	9.7 mi	76
MI-715477 Dirt · Full utilities	31.7	Nov 25, 2025	$178,600	5,630	3,737	6.5 mi	74
MI-206410 Dirt · Full utilities	62.4	Aug 10, 2024	$186,700	2,995	2,381	5.9 mi	72
MI-266761 Landlocked · Full utilities	80.4	Jul 5, 2025	$199,100	2,477	2,544	10.2 mi	70
MI-185358 Paved · Off grid	29.1	Jul 26, 2024	$121,600	4,177	3,016	9.7 mi	69
MI-424707 Paved · Off grid	18.2	Feb 14, 2025	$117,200	6,451	4,269	1.4 mi	66
MI-587276 Paved · Power at road	116.8	Sep 28, 2025	$475,900	4,077	3,195	6.6 mi	65

Show adjustment detail for the top comp

Tract size (37.79 ac → 48.84 ac)-4.7%

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.

Build the listing kit Post a deal or JV