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Schoolcraft County, MI · Sold

MI-187230

6308 County Road 285

$163,700
$1,450/ac · 113 ac
Acreage113 ac
Price per acre$1,450/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 18, 2024
Coordinates45.9402, -86.2837
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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
18
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,453 ft of deeded road frontage.

Power5,794 ft away

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

Buildable area93.66 of 112.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$234,588
$197,818$271,358 · $2,077/ac on 113 ac
Asking vs estimate
-30.2%
Priced below 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 $163,700
Maximum allowable offer
$134,050
$1,187/ac · +30.0% target margin

You need $29,650 off asking to hit this margin.

All-in cost$145,444
Net resale$215,821
Projected profit$70,377
ROI+48.4%
Annualized+69.3%
Break-even resale$1,400/ac
Profit if resale lands off target
-20%
$27,212
-10%
$48,795
0%
$70,377
+10%
$91,959
+20%
$113,541
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-256974
Paved · Power at road
93.8Jul 27, 2026$411,4004,3852,6008.1 mi
81
MI-697311
Gravel · Off grid
119.8Apr 26, 2026$277,0002,3132,04513.4 mi
80
MI-268279
Dirt · Off grid
241.4Jul 27, 2026$458,4001,8992,3365.7 mi
78
MI-857054
Paved · Full utilities
99.4May 21, 2025$397,3003,9972,0689.7 mi
76
MI-718274
Landlocked · Power at road
240.6May 5, 2026$419,9001,7452,3297.6 mi
74
MI-537869
Landlocked · Off grid
179.4Jun 29, 2025$248,8001,3872,0767.9 mi
74
MI-615556
Dirt · Power at road
33.6Jul 27, 2026$68,2002,0321,3364.5 mi
72
MI-408455
Landlocked · Full utilities
274.3Jul 4, 2026$481,3001,7551,9795.3 mi
71
MI-117673
Landlocked · Power at road
155.7Mar 19, 2025$224,3001,4411,78411.5 mi
71
MI-668548
Paved · Full utilities
293.4Jan 15, 2024$853,8002,9102,1271.6 mi
65
Show adjustment detail for the top comp
  • Tract size (93.81 ac → 112.93 ac)-4.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

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.