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Tuscola County, MI · Sold

MI-342543

1891 County Road 387

$15,800
$4,169/ac · 3.79 ac
Acreage3.79 ac
Price per acre$4,169/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedMar 24, 2025
Coordinates43.5342, -83.5454
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

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area3.51 of 3.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,571
$17,904$23,239 · $5,428/ac on 3.79 ac
Asking vs estimate
-23.2%
Priced below the comp set

Weighted from 9 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 $15,800
Maximum allowable offer
$11,755
$3,102/ac · +30.0% target margin

You need $4,045 off asking to hit this margin.

All-in cost$12,754
Net resale$18,926
Projected profit$6,172
ROI+48.4%
Annualized+69.3%
Break-even resale$3,658/ac
Profit if resale lands off target
-20%
$2,386
-10%
$4,279
0%
$6,172
+10%
$8,064
+20%
$9,957
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-312569
Landlocked · Off grid
3.9Jul 27, 2026$14,5003,7695,4257.5 mi
87
MI-931545
Landlocked · Off grid
1.8Apr 25, 2026$6,8003,6745,2416.3 mi
74
MI-652633
Paved · Power at road
4.0Dec 20, 2023$29,4007,2685,6937.2 mi
70
MI-381603
Landlocked · Off grid
1.9Dec 8, 2024$6,8003,5665,3829.0 mi
69
MI-851559
Paved · Off grid
1.9Jan 30, 2026$12,1006,5155,4088.3 mi
68
MI-973908
Dirt · Off grid
10.2Aug 9, 2025$30,1002,9603,70211.1 mi
65
MI-224186
Paved · Power at road
12.4Jul 27, 2026$90,7007,2875,52313.9 mi
64
MI-323495
Dirt · Power at road
7.5Feb 15, 2024$45,3006,0016,6163.7 mi
62
MI-651581
Gravel · Off grid
1.9Dec 21, 2024$11,0005,8155,95810.3 mi
61
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%

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.