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Sanilac County, MI · Sold

MI-925404

7172 County Road 186

$173,900
$5,781/ac · 30.08 ac
Acreage30.08 ac
Price per acre$5,781/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 9, 2026
Coordinates43.5086, -82.6171
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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

4 items to verify before you offer.

Risk index
30
Low risk
Wetlands20.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

686 ft of deeded road frontage.

Power8,566 ft away

A long utility run — price in solar/off-grid instead.

Buildable area22.83 of 30.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$127,947
$93,703$162,190 · $4,254/ac on 30.08 ac
Asking vs estimate
+35.9%
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 $173,900
Maximum allowable offer
$73,113
$2,431/ac · +30.0% target margin

You need $100,787 off asking to hit this margin.

All-in cost$79,328
Net resale$117,711
Projected profit$38,384
ROI+48.4%
Annualized+69.2%
Break-even resale$2,867/ac
Profit if resale lands off target
-20%
$14,841
-10%
$26,612
0%
$38,384
+10%
$50,155
+20%
$61,926
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-114924
Paved · Power at road
21.3Jul 27, 2026$135,9006,3955,1788.3 mi
85
MI-125169
Landlocked · Off grid
25.4Jun 20, 2025$88,1003,4746,1589.6 mi
78
MI-315065
Gravel · Full utilities
23.5Jan 30, 2026$86,1003,6582,9646.0 mi
77
MI-984259
Dirt · Full utilities
13.1Jul 27, 2026$56,9004,3333,7333.0 mi
74
MI-806783
Paved · Power at road
81.7Dec 4, 2025$422,3005,1695,5154.4 mi
73
MI-934070
Landlocked · Power at road
11.4Jul 27, 2026$29,8002,6023,4165.2 mi
71
MI-556106
Gravel · Full utilities
50.0Jan 8, 2026$289,1005,7815,3407.8 mi
70
MI-213935
Gravel · Power at road
10.4Jul 27, 2026$35,0003,3712,9845.3 mi
70
MI-773979
Dirt · Full utilities
10.7Jul 11, 2025$41,1003,8333,3842.5 mi
69
MI-846108
Gravel · Power at road
50.1Jun 1, 2025$153,0003,0543,5295.7 mi
68
Show adjustment detail for the top comp
  • Tract size (21.25 ac → 30.08 ac)-5.0%
  • Utilities (Power at road → Off grid)-15.0%

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.