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Schoolcraft County, MI · Sold

MI-390814

2488 County Road 52

$4,000
$3,704/ac · 1.08 ac
Acreage1.08 ac
Price per acre$3,704/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJan 4, 2024
Coordinates45.9625, -86.2883
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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
26
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

259 ft of deeded road frontage.

Power7,992 ft away

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

Buildable area0.86 of 1.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,301
$3,097$5,505 · $3,982/ac on 1.08 ac
Asking vs estimate
-7.0%
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 $4,000
Maximum allowable offer
$2,458
$2,276/ac · +30.0% target margin

You need $1,542 off asking to hit this margin.

All-in cost$2,667
Net resale$3,957
Projected profit$1,290
ROI+48.4%
Annualized+69.2%
Break-even resale$2,684/ac
Profit if resale lands off target
-20%
$498
-10%
$894
0%
$1,290
+10%
$1,685
+20%
$2,081
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-440288
Paved · Off grid
0.7Jul 27, 2026$4,4005,9645,0487.3 mi
80
MI-650011
Paved · Power at road
0.6Jul 27, 2026$3,2005,3013,8087.2 mi
75
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9842,4559.6 mi
73
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4522,93812.2 mi
71
MI-572312
Paved · Power at road
3.2Mar 27, 2026$11,7003,6472,7270.9 mi
70
MI-842115
Dirt · Off grid
2.8Apr 28, 2026$7,1002,5713,0807.9 mi
69
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9795,33911.6 mi
69
MI-410171
Paved · Power at road
0.7Jan 16, 2025$4,7006,9615,3254.3 mi
68
MI-920131
Dirt · Off grid
0.7Jun 6, 2024$2,7004,1405,2359.8 mi
64
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%

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.