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Tuscola County, MI · Sold

MI-323495

8045 County Road 197

$43,900
$5,815/ac · 7.55 ac
Acreage7.55 ac
Price per acre$5,815/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedOct 13, 2023
Coordinates43.5727, -83.4939
Loading terrain…
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

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

View Tuscola market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
11
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope14.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

370 ft of deeded road frontage.

Power214 ft away

Power at or near the road.

Buildable area6.00 of 7.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,597
$28,200$40,995 · $4,582/ac on 7.55 ac
Asking vs estimate
+26.9%
Priced above the comp set

Weighted from 8 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 $43,900
Maximum allowable offer
$19,770
$2,619/ac · +30.0% target margin

You need $24,130 off asking to hit this margin.

All-in cost$21,450
Net resale$31,830
Projected profit$10,379
ROI+48.4%
Annualized+69.2%
Break-even resale$3,088/ac
Profit if resale lands off target
-20%
$4,013
-10%
$7,196
0%
$10,379
+10%
$13,562
+20%
$16,745
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-484804
Dirt · Off grid
19.5Jul 27, 2026$71,7003,6824,7439.7 mi
77
MI-312569
Landlocked · Off grid
3.9Jul 27, 2026$14,5003,7695,4374.8 mi
75
MI-224186
Paved · Power at road
12.4Jul 27, 2026$90,7007,2875,53614.3 mi
75
MI-754413
Dirt · Off grid
14.7Feb 28, 2026$47,5003,2374,1044.6 mi
74
MI-973908
Dirt · Off grid
10.2Aug 9, 2025$30,1002,9603,7109.1 mi
73
MI-965089
Gravel · Power at road
23.9Jul 27, 2026$80,0003,3403,23312.3 mi
72
MI-342543
Landlocked · Full utilities
3.8Aug 17, 2025$15,5004,0854,2663.7 mi
68
MI-652633
Paved · Power at road
4.0Dec 20, 2023$29,4007,2685,7067.2 mi
62
Show adjustment detail for the top comp
  • Tract size (19.48 ac → 7.55 ac)+9.2%
  • Utilities (Off grid → Power at road)+17.6%

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.