MI-206520
5871 County Road 388
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Sanilac County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Sanilac market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $95,119 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-806783 Paved · Power at road | 81.7 | Dec 4, 2025 | $422,300 | 5,169 | 3,202 | 1.9 mi | 81 |
| MI-925404 Paved · Off grid | 30.1 | Jul 27, 2026 | $173,200 | 5,758 | 3,351 | 3.2 mi | 75 |
| MI-846108 Gravel · Power at road | 50.1 | Jun 1, 2025 | $153,000 | 3,054 | 2,049 | 5.1 mi | 74 |
| MI-556106 Gravel · Full utilities | 50.0 | Jan 8, 2026 | $289,100 | 5,781 | 3,101 | 8.1 mi | 74 |
| MI-114924 Paved · Power at road | 21.3 | Jul 27, 2026 | $135,900 | 6,395 | 3,006 | 6.6 mi | 70 |
| MI-627701 Paved · Power at road | 158.8 | Dec 3, 2025 | $438,900 | 2,763 | 2,025 | 3.8 mi | 70 |
| MI-477241 Dirt · Off grid | 113.8 | Jul 23, 2024 | $204,300 | 1,795 | 2,054 | 2.6 mi | 67 |
| MI-486841 Gravel · Full utilities | 85.2 | Feb 16, 2024 | $311,700 | 3,658 | 2,376 | 7.3 mi | 67 |
| MI-315065 Gravel · Full utilities | 23.5 | Jan 30, 2026 | $86,100 | 3,658 | 1,721 | 6.3 mi | 66 |
| MI-677557 Dirt · Full utilities | 143.1 | Sep 4, 2024 | $380,000 | 2,655 | 2,237 | 2.8 mi | 64 |
Show adjustment detail for the top comp
- Tract size (81.69 ac → 67.52 ac)+4.4%
- Access (Paved → Landlocked)-42.4%
- Market time (8 mo)+2.9%
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.