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Sanilac County, MI · Sold

MI-846108

2551 County Road 317

$149,000
$2,974/ac · 50.10 ac
Acreage50.10 ac
Price per acre$2,974/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMar 3, 2025
Coordinates43.4371, -82.6739
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

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

View Sanilac market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,267 ft of deeded road frontage.

Power165 ft away

Power at or near the road.

Buildable area41.55 of 50.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$219,183
$170,050$268,317 · $4,375/ac on 50.10 ac
Asking vs estimate
-32.0%
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 $149,000
Maximum allowable offer
$125,248
$2,500/ac · +30.0% target margin

You need $23,752 off asking to hit this margin.

All-in cost$135,894
Net resale$201,649
Projected profit$65,755
ROI+48.4%
Annualized+69.2%
Break-even resale$2,948/ac
Profit if resale lands off target
-20%
$25,425
-10%
$45,590
0%
$65,755
+10%
$85,919
+20%
$106,084
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-556106
Gravel · Full utilities
50.0Jan 8, 2026$289,1005,7814,8563.2 mi
85
MI-925404
Paved · Off grid
30.1Jul 27, 2026$173,2005,7585,2485.7 mi
77
MI-114924
Paved · Power at road
21.3Jul 27, 2026$135,9006,3954,7093.0 mi
76
MI-806783
Paved · Power at road
81.7Dec 4, 2025$422,3005,1695,0153.6 mi
75
MI-315065
Gravel · Full utilities
23.5Jan 30, 2026$86,1003,6582,6951.9 mi
74
MI-486841
Gravel · Full utilities
85.2Feb 16, 2024$311,7003,6583,7227.6 mi
69
MI-206520
Landlocked · Power at road
67.5Dec 18, 2023$204,7003,0315,2795.1 mi
69
MI-627701
Paved · Power at road
158.8Dec 3, 2025$438,9002,7633,1713.5 mi
67
MI-125169
Landlocked · Off grid
25.4Jun 20, 2025$88,1003,4745,5994.9 mi
66
MI-477241
Dirt · Off grid
113.8Jul 23, 2024$204,3001,7953,2176.9 mi
64
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (7 mo)+2.5%

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.