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Schoolcraft County, MI · Sold

MI-572312

5872 County Road 153

$11,600
$3,625/ac · 3.20 ac
Acreage3.20 ac
Price per acre$3,625/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJul 6, 2025
Coordinates45.9554, -86.2715
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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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope28.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

290 ft of deeded road frontage.

Power49 ft away

Power at or near the road.

Buildable area1.89 of 3.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,959
$11,136$18,782 · $4,675/ac on 3.20 ac
Asking vs estimate
-22.5%
Priced below the comp set

Weighted from 6 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 $11,600
Maximum allowable offer
$8,548
$2,671/ac · +30.0% target margin

You need $3,052 off asking to hit this margin.

All-in cost$9,275
Net resale$13,762
Projected profit$4,488
ROI+48.4%
Annualized+69.3%
Break-even resale$3,150/ac
Profit if resale lands off target
-20%
$1,735
-10%
$3,112
0%
$4,488
+10%
$5,864
+20%
$7,240
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-842115
Dirt · Off grid
2.8Apr 28, 2026$7,1002,5714,1867.7 mi
79
MI-680973
Dirt · Off grid
1.2Feb 14, 2025$2,4001,9843,3379.3 mi
63
MI-610683
Dirt · Full utilities
1.0May 24, 2025$3,4003,4523,99311.9 mi
61
MI-390814
Gravel · Off grid
1.1Sep 3, 2024$3,5003,2564,7870.9 mi
61
MI-774008
Paved · Off grid
10.9Nov 23, 2024$39,5003,6124,8739.1 mi
58
MI-850871
Dirt · Power at road
1.1Aug 12, 2024$5,6004,9797,25711.4 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • 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.