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Schoolcraft County, MI · Sold

MI-745153

3628 County Road 318

$63,900
$2,548/ac · 25.08 ac
Acreage25.08 ac
Price per acre$2,548/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 27, 2024
Coordinates46.1073, -86.1285
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

Schoolcraft County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Schoolcraft market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

799 ft of deeded road frontage.

Power205 ft away

Power at or near the road.

Buildable area22.83 of 25.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$69,425
$56,199$82,651 · $2,768/ac on 25.08 ac
Asking vs estimate
-8.0%
Priced below the comp set

Weighted from 6 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 $63,900
Maximum allowable offer
$39,671
$1,582/ac · +30.0% target margin

You need $24,229 off asking to hit this margin.

All-in cost$43,043
Net resale$63,871
Projected profit$20,828
ROI+48.4%
Annualized+69.3%
Break-even resale$1,865/ac
Profit if resale lands off target
-20%
$8,054
-10%
$14,441
0%
$20,828
+10%
$27,215
+20%
$33,602
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-824597
Dirt · Off grid
16.8Jul 27, 2026$44,5002,6532,9694.4 mi
82
MI-615556
Dirt · Power at road
33.6Jul 27, 2026$68,2002,0322,13311.6 mi
81
MI-904744
Gravel · Power at road
18.6Apr 3, 2026$62,2003,3372,8016.6 mi
78
MI-615814
Gravel · Power at road
40.5Jan 16, 2025$87,3002,1562,14012.1 mi
65
MI-286776
Paved · Power at road
81.3Oct 11, 2024$305,1003,7543,6920.4 mi
63
MI-774008
Paved · Off grid
10.9Nov 23, 2024$39,5003,6123,0217.1 mi
60
Show adjustment detail for the top comp
  • Tract size (16.77 ac → 25.08 ac)-5.1%
  • Utilities (Off grid → Power at road)+17.6%

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.