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Schoolcraft County, MI · Sold

MI-680973

5908 County Road 136

$2,700
$2,231/ac · 1.21 ac
Acreage1.21 ac
Price per acre$2,231/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 4, 2024
Coordinates46.0487, -86.1305
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
26
Low risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

134 ft of deeded road frontage.

Power13,046 ft away

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

Buildable area0.93 of 1.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,259
$3,174$5,344 · $3,520/ac on 1.21 ac
Asking vs estimate
-36.6%
Priced below 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 $2,700
Maximum allowable offer
$2,433
$2,011/ac · +30.0% target margin

You need $267 off asking to hit this margin.

All-in cost$2,640
Net resale$3,918
Projected profit$1,278
ROI+48.4%
Annualized+69.3%
Break-even resale$2,371/ac
Profit if resale lands off target
-20%
$495
-10%
$886
0%
$1,278
+10%
$1,670
+20%
$2,062
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4522,5232.6 mi
82
MI-440288
Paved · Off grid
0.7Jul 27, 2026$4,4005,9644,3354.5 mi
80
MI-650011
Paved · Power at road
0.6Jul 27, 2026$3,2005,3013,2704.8 mi
79
MI-842115
Dirt · Off grid
2.8Apr 28, 2026$7,1002,5712,6451.7 mi
77
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9794,5852.1 mi
77
MI-920131
Dirt · Off grid
0.7Jun 6, 2024$2,7004,1404,4964.8 mi
72
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2563,0259.6 mi
72
MI-572312
Paved · Power at road
3.2Mar 27, 2026$11,7003,6472,3429.3 mi
70
MI-410171
Paved · Power at road
0.7Jan 16, 2025$4,7006,9614,5735.4 mi
65
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.