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Schoolcraft County, MI · Sold

MI-842115

4065 County Road 166

$6,900
$2,482/ac · 2.78 ac
Acreage2.78 ac
Price per acre$2,482/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 15, 2025
Coordinates46.0367, -86.1623
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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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope4.0%

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.

Power11,366 ft away

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

Buildable area2.33 of 2.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,866
$5,663$10,068 · $2,829/ac on 2.78 ac
Asking vs estimate
-12.3%
Priced below the comp set

Weighted from 5 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 $6,900
Maximum allowable offer
$4,495
$1,617/ac · +30.0% target margin

You need $2,405 off asking to hit this margin.

All-in cost$4,877
Net resale$7,236
Projected profit$2,359
ROI+48.4%
Annualized+69.2%
Break-even resale$1,907/ac
Profit if resale lands off target
-20%
$912
-10%
$1,636
0%
$2,359
+10%
$3,083
+20%
$3,806
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-572312
Paved · Power at road
3.2Mar 27, 2026$11,7003,6472,3057.7 mi
78
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9842,0761.7 mi
70
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4522,4844.3 mi
65
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9794,5143.7 mi
64
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2562,9787.9 mi
60
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.6%

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.