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Schoolcraft County, MI · Sold

MI-629495

3445 County Road 57

$415,800
$714/ac · 583 ac
Acreage583 ac
Price per acre$714/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedApr 14, 2026
Coordinates46.1120, -86.3030
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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

5 items to verify before you offer.

Risk index
70
High risk
Wetlands37.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,764 ft away

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

Buildable area347.60 of 582.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$615,935
$566,660$665,209 · $1,057/ac on 583 ac
Asking vs estimate
-32.5%
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 $415,800
Maximum allowable offer
$351,963
$604/ac · +30.0% target margin

You need $63,837 off asking to hit this margin.

All-in cost$381,880
Net resale$566,660
Projected profit$184,780
ROI+48.4%
Annualized+69.2%
Break-even resale$712/ac
Profit if resale lands off target
-20%
$71,448
-10%
$128,114
0%
$184,780
+10%
$241,446
+20%
$298,112
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-408455
Landlocked · Full utilities
274.3Jul 4, 2026$481,3001,7559826.8 mi
80
MI-268279
Dirt · Off grid
241.4Jul 27, 2026$458,4001,8991,16010.6 mi
75
MI-718274
Landlocked · Power at road
240.6May 5, 2026$419,9001,7451,15611.9 mi
69
MI-489835
Paved · Power at road
745.4Jun 2, 2024$1,232,4001,65395411.5 mi
65
MI-537869
Landlocked · Off grid
179.4Jun 29, 2025$248,8001,3871,0307.8 mi
64
MI-668548
Paved · Full utilities
293.4Jan 15, 2024$853,8002,9101,05612.5 mi
57
Show adjustment detail for the top comp
  • Tract size (274.29 ac → 582.64 ac)-20.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (1 mo)+0.5%

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.