← New search
Schoolcraft County, MI · Sold

MI-256974

8626 County Road 230

$418,500
$4,461/ac · 93.81 ac
Acreage93.81 ac
Price per acre$4,461/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMar 11, 2026
Coordinates46.0488, -86.2197
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

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,062 ft of deeded road frontage.

Power151 ft away

Power at or near the road.

Buildable area88.85 of 93.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$315,589
$266,556$364,621 · $3,364/ac on 93.81 ac
Asking vs estimate
+32.6%
Priced above the comp set

Weighted from 10 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 $418,500
Maximum allowable offer
$180,336
$1,922/ac · +30.0% target margin

You need $238,164 off asking to hit this margin.

All-in cost$195,665
Net resale$290,342
Projected profit$94,677
ROI+48.4%
Annualized+69.3%
Break-even resale$2,267/ac
Profit if resale lands off target
-20%
$36,609
-10%
$65,643
0%
$94,677
+10%
$123,711
+20%
$152,745
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-697311
Gravel · Off grid
119.8Apr 26, 2026$277,0002,3133,4575.4 mi
79
MI-857054
Paved · Full utilities
99.4May 21, 2025$397,3003,9973,4958.6 mi
76
MI-286776
Paved · Power at road
81.3Oct 11, 2024$305,1003,7543,9095.6 mi
76
MI-187230
Dirt · Off grid
112.9Aug 4, 2025$175,0001,5502,7328.1 mi
73
MI-268279
Dirt · Off grid
241.4Jul 27, 2026$458,4001,8993,9494.9 mi
72
MI-615556
Dirt · Power at road
33.6Jul 27, 2026$68,2002,0322,2587.3 mi
71
MI-718274
Landlocked · Power at road
240.6May 5, 2026$419,9001,7453,9366.0 mi
71
MI-117673
Landlocked · Power at road
155.7Mar 19, 2025$224,3001,4413,0163.6 mi
70
MI-408455
Landlocked · Full utilities
274.3Jul 4, 2026$481,3001,7553,3445.2 mi
69
MI-537869
Landlocked · Off grid
179.4Jun 29, 2025$248,8001,3873,5081.9 mi
69
Show adjustment detail for the top comp
  • Tract size (119.75 ac → 93.81 ac)+6.3%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.3%

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.