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Schoolcraft County, MI · Sold

MI-774008

5772 County Road 352

$41,200
$3,766/ac · 10.94 ac
Acreage10.94 ac
Price per acre$3,766/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMay 10, 2024
Coordinates46.0072, -86.0968
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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
24
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.4%

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.

Power3,064 ft away

Service extension needed; get a utility quote.

Buildable area8.99 of 10.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,728
$32,085$41,370 · $3,357/ac on 10.94 ac
Asking vs estimate
+12.2%
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 $41,200
Maximum allowable offer
$20,987
$1,918/ac · +30.0% target margin

You need $20,213 off asking to hit this margin.

All-in cost$22,771
Net resale$33,789
Projected profit$11,018
ROI+48.4%
Annualized+69.3%
Break-even resale$2,262/ac
Profit if resale lands off target
-20%
$4,261
-10%
$7,639
0%
$11,018
+10%
$14,397
+20%
$17,776
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-824597
Dirt · Off grid
16.8Jul 27, 2026$44,5002,6533,8083.1 mi
82
MI-904744
Gravel · Power at road
18.6Apr 3, 2026$62,2003,3373,59210.4 mi
70
MI-615556
Dirt · Power at road
33.6Jul 27, 2026$68,2002,0322,7356.2 mi
69
MI-572312
Paved · Power at road
3.2Mar 27, 2026$11,7003,6472,9469.1 mi
66
MI-745153
Dirt · Power at road
25.1Mar 20, 2025$67,0002,6703,6277.1 mi
62
Show adjustment detail for the top comp
  • Tract size (16.77 ac → 10.94 ac)+4.4%
  • Access (Dirt → Paved)+37.2%

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.