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Oakland County, MI · Sold

MI-828727

7072 County Road 329

$1,037,000
$3,105/ac · 334 ac
Acreage334 ac
Price per acre$3,105/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedSep 3, 2023
Coordinates42.6568, -83.4504
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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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands32.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,695 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area213.87 of 334.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,012,382
$854,547$1,170,217 · $3,031/ac on 334 ac
Asking vs estimate
+2.4%
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 $1,037,000
Maximum allowable offer
$578,504
$1,732/ac · +30.0% target margin

You need $458,496 off asking to hit this margin.

All-in cost$627,677
Net resale$931,391
Projected profit$303,714
ROI+48.4%
Annualized+69.2%
Break-even resale$2,043/ac
Profit if resale lands off target
-20%
$117,436
-10%
$210,575
0%
$303,714
+10%
$396,853
+20%
$489,993
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-269199
Gravel · Power at road
470.2Jun 20, 2026$1,341,2002,8533,8783.7 mi
87
MI-878832
Landlocked · Power at road
360.4Jul 27, 2026$535,7001,4862,7332.9 mi
86
MI-888591
Landlocked · Full utilities
302.7Nov 30, 2025$598,2001,9762,9086.7 mi
79
MI-189798
Dirt · Off grid
725.6Jun 13, 2025$928,6001,2802,8311.1 mi
68
MI-787288
Gravel · Power at road
117.8Apr 20, 2025$298,3002,5332,4440.6 mi
67
MI-587276
Paved · Power at road
116.8Sep 28, 2025$475,9004,0773,2687.1 mi
62
Show adjustment detail for the top comp
  • Tract size (470.19 ac → 334.02 ac)+10.7%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.