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Tuscola County, MI · Sold

MI-407791

461 County Road 264

$575,300
$3,393/ac · 170 ac
Acreage170 ac
Price per acre$3,393/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 7, 2026
Coordinates43.4982, -83.4908
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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

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

View Tuscola market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,174 ft of deeded road frontage.

Power11 ft away

Power at or near the road.

Buildable area136.27 of 169.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$586,514
$427,062$745,966 · $3,459/ac on 170 ac
Asking vs estimate
-1.9%
In line with the comp set

Weighted from 5 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 $575,300
Maximum allowable offer
$335,151
$1,977/ac · +30.0% target margin

You need $240,149 off asking to hit this margin.

All-in cost$363,639
Net resale$539,593
Projected profit$175,954
ROI+48.4%
Annualized+69.2%
Break-even resale$2,331/ac
Profit if resale lands off target
-20%
$68,035
-10%
$121,995
0%
$175,954
+10%
$229,913
+20%
$283,873
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-587579
Gravel · Power at road
145.4Sep 18, 2025$407,0002,7992,7883.8 mi
81
MI-976861
Landlocked · Power at road
86.4Jul 27, 2026$189,6002,1942,7214.8 mi
81
MI-546796
Dirt · Power at road
82.5Feb 8, 2026$224,0002,7172,6874.8 mi
77
MI-948712
Paved · Off grid
330.4May 13, 2026$1,254,7003,7974,6241.0 mi
76
MI-758804
Paved · Power at road
353.2Jun 7, 2025$1,524,1004,3154,7315.8 mi
67
Show adjustment detail for the top comp
  • Tract size (145.41 ac → 169.55 ac)-4.0%
  • Market time (11 mo)+3.8%

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.