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St. Clair County, MI · Sold

MI-214472

1984 County Road 137

$78,300
$5,114/ac · 15.31 ac
Acreage15.31 ac
Price per acre$5,114/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedAug 14, 2023
Coordinates42.9734, -82.7765
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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

St. Clair County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View St. Clair market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area12.36 of 15.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,641
$49,675$69,607 · $3,896/ac on 15.31 ac
Asking vs estimate
+31.3%
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 $78,300
Maximum allowable offer
$34,081
$2,226/ac · +30.0% target margin

You need $44,219 off asking to hit this margin.

All-in cost$36,978
Net resale$54,870
Projected profit$17,892
ROI+48.4%
Annualized+69.2%
Break-even resale$2,625/ac
Profit if resale lands off target
-20%
$6,918
-10%
$12,405
0%
$17,892
+10%
$23,379
+20%
$28,866
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-604383
Dirt · Power at road
14.4Apr 3, 2026$75,8005,2805,1377.1 mi
85
MI-134929
Dirt · Off grid
21.3Jul 27, 2026$57,9002,7173,2168.9 mi
77
MI-423662
Dirt · Full utilities
8.5Jul 2, 2024$36,8004,3183,5310.9 mi
73
MI-795246
Dirt · Power at road
26.8Jul 27, 2026$113,4004,2284,39511.9 mi
72
MI-994235
Paved · Power at road
12.9Oct 12, 2025$69,0005,3463,82413.7 mi
72
MI-124519
Dirt · Off grid
15.8May 30, 2024$45,1002,8443,54110.5 mi
69
MI-225796
Dirt · Off grid
40.0Nov 12, 2025$101,5002,5403,4188.3 mi
68
Show adjustment detail for the top comp
  • Tract size (14.36 ac → 15.31 ac)-0.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.5%

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.