← New search
Saginaw County, MI · Sold

MI-617998

1380 County Road 164

$287,600
$1,460/ac · 197 ac
Acreage197 ac
Price per acre$1,460/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 24, 2025
Coordinates43.3151, -84.0243
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

Saginaw County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Saginaw market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands16.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power740 ft away

Power at or near the road.

Buildable area156.44 of 196.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$450,149
$371,133$529,165 · $2,285/ac on 197 ac
Asking vs estimate
-36.1%
Priced below the comp set

Weighted from 9 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 $287,600
Maximum allowable offer
$257,228
$1,306/ac · +30.0% target margin

You need $30,372 off asking to hit this margin.

All-in cost$279,092
Net resale$414,137
Projected profit$135,045
ROI+48.4%
Annualized+69.2%
Break-even resale$1,540/ac
Profit if resale lands off target
-20%
$52,217
-10%
$93,631
0%
$135,045
+10%
$176,458
+20%
$217,872
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-908108
Gravel · Full utilities
213.3Dec 14, 2025$1,099,6005,1552,5674.7 mi
79
MI-697966
Gravel · Off grid
192.5Sep 9, 2024$701,8003,6462,6646.3 mi
75
MI-587441
Gravel · Power at road
131.6Jan 23, 2026$603,9004,5892,4355.4 mi
74
MI-329658
Dirt · Off grid
655.7Jul 27, 2026$915,4001,3961,5761.3 mi
74
MI-128386
Paved · Off grid
260.9Jan 16, 2025$881,0003,3772,2465.9 mi
72
MI-458680
Gravel · Off grid
322.8Oct 13, 2024$872,3002,7022,2803.5 mi
69
MI-967517
Gravel · Off grid
139.0Sep 6, 2024$347,4002,4991,6726.8 mi
69
MI-416587
Dirt · Power at road
70.9Aug 17, 2025$374,5005,2842,8546.1 mi
63
MI-706826
Paved · Full utilities
84.3Aug 26, 2024$552,1006,5522,2877.0 mi
59
Show adjustment detail for the top comp
  • Tract size (213.32 ac → 196.98 ac)+2.2%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (8 mo)+2.8%

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.