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Schoolcraft County, MI · Sold

MI-904744

7721 County Road 137

$63,000
$3,378/ac · 18.65 ac
Acreage18.65 ac
Price per acre$3,378/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedAug 19, 2025
Coordinates46.1015, -86.2668
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope0.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power98 ft away

Power at or near the road.

Buildable area16.09 of 18.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,067
$50,104$68,030 · $3,167/ac on 18.65 ac
Asking vs estimate
+6.7%
Priced above 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 $63,000
Maximum allowable offer
$33,753
$1,810/ac · +30.0% target margin

You need $29,247 off asking to hit this margin.

All-in cost$36,622
Net resale$54,342
Projected profit$17,720
ROI+48.4%
Annualized+69.2%
Break-even resale$2,134/ac
Profit if resale lands off target
-20%
$6,851
-10%
$12,286
0%
$17,720
+10%
$23,154
+20%
$28,588
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-824597
Dirt · Off grid
16.8Jul 27, 2026$44,5002,6533,5927.5 mi
82
MI-615556
Dirt · Power at road
33.6Jul 27, 2026$68,2002,0322,58011.4 mi
75
MI-745153
Dirt · Power at road
25.1Mar 20, 2025$67,0002,6703,4226.6 mi
72
MI-615814
Gravel · Power at road
40.5Jan 16, 2025$87,3002,1562,58910.7 mi
69
MI-774008
Paved · Off grid
10.9Nov 23, 2024$39,5003,6123,65510.4 mi
62
Show adjustment detail for the top comp
  • Tract size (16.77 ac → 18.65 ac)-1.3%
  • Access (Dirt → Gravel)+16.3%
  • 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.