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Saginaw County, MI · Sold

MI-416587

8723 County Road 394

$353,300
$4,984/ac · 70.88 ac
Acreage70.88 ac
Price per acre$4,984/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedNov 15, 2024
Coordinates43.2967, -84.1429
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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power191 ft away

Power at or near the road.

Buildable area63.83 of 70.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$283,792
$220,929$346,655 · $4,004/ac on 70.88 ac
Asking vs estimate
+24.5%
Priced above 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 $353,300
Maximum allowable offer
$162,167
$2,288/ac · +30.0% target margin

You need $191,133 off asking to hit this margin.

All-in cost$175,951
Net resale$261,089
Projected profit$85,138
ROI+48.4%
Annualized+69.2%
Break-even resale$2,698/ac
Profit if resale lands off target
-20%
$32,920
-10%
$59,029
0%
$85,138
+10%
$111,246
+20%
$137,355
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-587441
Gravel · Power at road
131.6Jan 23, 2026$603,9004,5894,6973.8 mi
74
MI-706826
Paved · Full utilities
84.3Aug 26, 2024$552,1006,5524,4100.9 mi
74
MI-994964
Dirt · Full utilities
21.9Jul 27, 2026$100,2004,5823,0423.5 mi
73
MI-617998
Landlocked · Off grid
197.0Mar 29, 2026$252,5001,2822,5126.1 mi
67
MI-908108
Gravel · Full utilities
213.3Dec 14, 2025$1,099,6005,1554,9519.4 mi
66
MI-967517
Gravel · Off grid
139.0Sep 6, 2024$347,4002,4993,2262.8 mi
64
MI-815201
Dirt · Full utilities
26.0May 18, 2025$165,3006,3664,5488.0 mi
63
MI-697966
Gravel · Off grid
192.5Sep 9, 2024$701,8003,6465,1381.3 mi
62
MI-344904
Landlocked · Off grid
20.9Dec 26, 2023$55,6002,6533,5243.3 mi
61
Show adjustment detail for the top comp
  • Tract size (131.58 ac → 70.88 ac)+16.3%
  • Access (Gravel → Dirt)-14.0%
  • Market time (7 mo)+2.4%

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.