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Sanilac County, MI · Sold

MI-603644

2842 County Road 311

$51,800
$6,159/ac · 8.41 ac
Acreage8.41 ac
Price per acre$6,159/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedDec 2, 2023
Coordinates43.5118, -82.5930
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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

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
20
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power29 ft away

Power at or near the road.

Buildable area7.05 of 8.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$40,600
$32,568$48,632 · $4,828/ac on 8.41 ac
Asking vs estimate
+27.6%
Priced above 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 $51,800
Maximum allowable offer
$23,200
$2,759/ac · +30.0% target margin

You need $28,600 off asking to hit this margin.

All-in cost$25,172
Net resale$37,352
Projected profit$12,180
ROI+48.4%
Annualized+69.2%
Break-even resale$3,253/ac
Profit if resale lands off target
-20%
$4,709
-10%
$8,444
0%
$12,180
+10%
$15,915
+20%
$19,650
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-213935
Gravel · Power at road
10.4Jul 27, 2026$35,0003,3714,0516.5 mi
83
MI-712648
Paved · Full utilities
4.1Jul 27, 2026$23,3005,6934,5013.9 mi
82
MI-934070
Landlocked · Power at road
11.4Jul 27, 2026$29,8002,6024,6376.4 mi
81
MI-984259
Dirt · Full utilities
13.1Jul 27, 2026$56,9004,3335,0683.6 mi
79
MI-912208
Gravel · Power at road
3.0Jul 27, 2026$9,6003,2443,6548.0 mi
75
MI-773979
Dirt · Full utilities
10.7Jul 11, 2025$41,1003,8334,5942.9 mi
75
MI-114924
Paved · Power at road
21.3Jul 27, 2026$135,9006,3957,0298.9 mi
75
MI-342220
Gravel · Off grid
3.0Jul 27, 2026$10,9003,6414,8255.1 mi
71
MI-315065
Gravel · Full utilities
23.5Jan 30, 2026$86,1003,6584,0237.1 mi
65
MI-292093
Dirt · Off grid
2.7Jul 1, 2025$10,4003,8106,1189.8 mi
63
Show adjustment detail for the top comp
  • Tract size (10.38 ac → 8.41 ac)+1.6%
  • Access (Gravel → Paved)+18.0%

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.