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Schoolcraft County, MI · Sold

MI-850871

5001 County Road 27

$5,700
$5,044/ac · 1.13 ac
Acreage1.13 ac
Price per acre$5,044/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 9, 2023
Coordinates46.0753, -86.1094
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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power85 ft away

Power at or near the road.

Buildable area0.88 of 1.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,315
$3,107$5,523 · $3,819/ac on 1.13 ac
Asking vs estimate
+32.1%
Priced above the comp set

Weighted from 9 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 $5,700
Maximum allowable offer
$2,466
$2,182/ac · +30.0% target margin

You need $3,234 off asking to hit this margin.

All-in cost$2,676
Net resale$3,970
Projected profit$1,294
ROI+48.4%
Annualized+69.2%
Break-even resale$2,574/ac
Profit if resale lands off target
-20%
$500
-10%
$897
0%
$1,294
+10%
$1,691
+20%
$2,088
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4522,9711.0 mi
80
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9842,4832.1 mi
79
MI-440288
Paved · Off grid
0.7Jul 27, 2026$4,4005,9645,1046.5 mi
77
MI-650011
Paved · Power at road
0.6Jul 27, 2026$3,2005,3013,8516.8 mi
76
MI-842115
Dirt · Off grid
2.8Apr 28, 2026$7,1002,5713,1143.7 mi
73
MI-410171
Paved · Power at road
0.7Jan 16, 2025$4,7006,9615,3857.3 mi
72
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2563,56211.6 mi
69
MI-920131
Dirt · Off grid
0.7Jun 6, 2024$2,7004,1405,2934.8 mi
67
MI-572312
Paved · Power at road
3.2Mar 27, 2026$11,7003,6472,75711.4 mi
66
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (15 mo)+5.2%

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.