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Sanilac County, MI · Sold

MI-712648

5500 County Road 147

$27,200
$6,650/ac · 4.09 ac
Acreage4.09 ac
Price per acre$6,650/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedMar 18, 2026
Coordinates43.4714, -82.5392
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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
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

253 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.17 of 4.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,455
$21,655$31,256 · $6,468/ac on 4.09 ac
Asking vs estimate
+2.8%
In line with 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 $27,200
Maximum allowable offer
$15,117
$3,696/ac · +30.0% target margin

You need $12,083 off asking to hit this margin.

All-in cost$16,402
Net resale$24,339
Projected profit$7,937
ROI+48.4%
Annualized+69.3%
Break-even resale$4,359/ac
Profit if resale lands off target
-20%
$3,069
-10%
$5,503
0%
$7,937
+10%
$10,371
+20%
$12,805
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-912208
Gravel · Power at road
3.0Jul 27, 2026$9,6003,2444,6317.9 mi
83
MI-342220
Gravel · Off grid
3.0Jul 27, 2026$10,9003,6416,1164.1 mi
81
MI-984259
Dirt · Full utilities
13.1Jul 27, 2026$56,9004,3336,4244.5 mi
72
MI-292093
Dirt · Off grid
2.7Jul 1, 2025$10,4003,8107,75511.3 mi
72
MI-141105
Paved · Full utilities
1.3Mar 14, 2025$10,7007,9878,2404.6 mi
70
MI-213935
Gravel · Power at road
10.4Jul 27, 2026$35,0003,3715,1359.1 mi
70
MI-603644
Paved · Power at road
8.4Feb 19, 2024$47,1005,5997,8383.9 mi
69
MI-934070
Landlocked · Power at road
11.4Jul 27, 2026$29,8002,6025,8789.0 mi
68
MI-773979
Dirt · Full utilities
10.7Jul 11, 2025$41,1003,8335,8236.8 mi
65
MI-741057
Gravel · Off grid
1.3Oct 21, 2024$5,3004,1237,3126.6 mi
57
Show adjustment detail for the top comp
  • Tract size (2.97 ac → 4.09 ac)-1.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.