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Schoolcraft County, MI · Sold

MI-440288

1514 County Road 99

$4,700
$6,351/ac · 0.74 ac
Acreage0.74 ac
Price per acre$6,351/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJul 27, 2025
Coordinates45.9831, -86.1382
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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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

138 ft of deeded road frontage.

Power642 ft away

Power at or near the road.

Buildable area0.67 of 0.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,584
$2,616$4,551 · $4,843/ac on 0.74 ac
Asking vs estimate
+31.1%
Priced above the comp set

Weighted from 7 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 $4,700
Maximum allowable offer
$2,048
$2,768/ac · +30.0% target margin

You need $2,652 off asking to hit this margin.

All-in cost$2,222
Net resale$3,297
Projected profit$1,075
ROI+48.4%
Annualized+69.2%
Break-even resale$3,264/ac
Profit if resale lands off target
-20%
$416
-10%
$745
0%
$1,075
+10%
$1,405
+20%
$1,735
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-650011
Paved · Power at road
0.6Jul 27, 2026$3,2005,3014,5090.3 mi
88
MI-410171
Paved · Power at road
0.7Jan 16, 2025$4,7006,9616,3054.7 mi
77
MI-920131
Dirt · Off grid
0.7Jun 6, 2024$2,7004,1406,1998.3 mi
72
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4523,4796.6 mi
71
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9842,9074.5 mi
69
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2564,1717.3 mi
68
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9796,3226.5 mi
65
Show adjustment detail for the top comp
  • 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.