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Sanilac County, MI · Sold

MI-934070

8914 County Road 223

$29,500
$2,576/ac · 11.45 ac
Acreage11.45 ac
Price per acre$2,576/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 7, 2026
Coordinates43.4905, -82.7172
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
40
Moderate risk
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope8.4%

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.

Power230 ft away

Power at or near the road.

Buildable area9.69 of 11.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,283
$26,342$46,223 · $3,169/ac on 11.45 ac
Asking vs estimate
-18.7%
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 $29,500
Maximum allowable offer
$20,733
$1,811/ac · +30.0% target margin

You need $8,767 off asking to hit this margin.

All-in cost$22,495
Net resale$33,380
Projected profit$10,885
ROI+48.4%
Annualized+69.2%
Break-even resale$2,135/ac
Profit if resale lands off target
-20%
$4,209
-10%
$7,547
0%
$10,885
+10%
$14,223
+20%
$17,561
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-213935
Gravel · Power at road
10.4Jul 27, 2026$35,0003,3712,2780.1 mi
94
MI-984259
Dirt · Full utilities
13.1Jul 27, 2026$56,9004,3332,8504.7 mi
88
MI-773979
Dirt · Full utilities
10.7Jul 11, 2025$41,1003,8332,5845.6 mi
76
MI-114924
Paved · Power at road
21.3Jul 27, 2026$135,9006,3953,9537.2 mi
76
MI-315065
Gravel · Full utilities
23.5Jan 30, 2026$86,1003,6582,2632.9 mi
76
MI-925404
Paved · Off grid
30.1Jul 27, 2026$173,2005,7584,4065.2 mi
71
MI-712648
Paved · Full utilities
4.1Jul 27, 2026$23,3005,6932,5319.0 mi
68
MI-603644
Paved · Power at road
8.4Feb 19, 2024$47,1005,5993,4786.4 mi
68
MI-125169
Landlocked · Off grid
25.4Jun 20, 2025$88,1003,4744,7019.1 mi
65
Show adjustment detail for the top comp
  • Tract size (10.38 ac → 11.45 ac)-0.8%
  • Access (Gravel → Landlocked)-32.0%

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.