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Schoolcraft County, MI · Sold

MI-410171

7540 County Road 343

$4,900
$7,206/ac · 0.68 ac
Acreage0.68 ac
Price per acre$7,206/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedNov 10, 2024
Coordinates46.0095, -86.2286
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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

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

View Schoolcraft market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope29.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

196 ft of deeded road frontage.

Power81 ft away

Power at or near the road.

Buildable area0.40 of 0.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,884
$2,882$4,886 · $5,712/ac on 0.68 ac
Asking vs estimate
+26.2%
Priced above the comp set

Weighted from 7 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 $4,900
Maximum allowable offer
$2,220
$3,264/ac · +30.0% target margin

You need $2,680 off asking to hit this margin.

All-in cost$2,409
Net resale$3,573
Projected profit$1,165
ROI+48.4%
Annualized+69.2%
Break-even resale$3,850/ac
Profit if resale lands off target
-20%
$450
-10%
$807
0%
$1,165
+10%
$1,522
+20%
$1,879
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-650011
Paved · Power at road
0.6Jul 27, 2026$3,2005,3015,3084.7 mi
88
MI-440288
Paved · Off grid
0.7Jul 27, 2026$4,4005,9647,0364.7 mi
87
MI-920131
Dirt · Off grid
0.7Jun 6, 2024$2,7004,1407,2975.9 mi
72
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9797,4427.3 mi
70
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4524,0958.0 mi
69
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2564,9104.3 mi
66
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9843,4235.4 mi
66
Show adjustment detail for the top comp

    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.