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Washtenaw County, MI · Sold

MI-951665

8357 County Road 197

$11,800
$5,900/ac · 2.00 ac
Acreage2.00 ac
Price per acre$5,900/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedOct 4, 2025
Coordinates42.2862, -83.8774
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

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

View Washtenaw market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,042 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.85 of 2.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,412
$9,228$11,596 · $5,206/ac on 2.00 ac
Asking vs estimate
+13.3%
Priced above the comp set

Weighted from 10 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 $11,800
Maximum allowable offer
$5,950
$2,975/ac · +30.0% target margin

You need $5,850 off asking to hit this margin.

All-in cost$6,456
Net resale$9,579
Projected profit$3,123
ROI+48.4%
Annualized+69.2%
Break-even resale$3,509/ac
Profit if resale lands off target
-20%
$1,208
-10%
$2,166
0%
$3,123
+10%
$4,081
+20%
$5,039
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-152001
Landlocked · Full utilities
2.6Jul 27, 2026$15,0005,8495,1943.3 mi
88
MI-281466
Dirt · Power at road
1.7Nov 29, 2025$10,7006,1495,3694.7 mi
85
MI-673116
Dirt · Power at road
5.7Jul 27, 2026$35,6006,2135,4831.5 mi
80
MI-130661
Dirt · Off grid
1.0Jul 27, 2026$4,8004,9564,9158.1 mi
77
MI-940936
Paved · Power at road
1.2Apr 8, 2026$8,0006,7484,2072.7 mi
76
MI-263300
Dirt · Power at road
6.5Jul 24, 2026$40,7006,2205,5318.1 mi
74
MI-432934
Landlocked · Power at road
5.0Jun 18, 2026$21,7004,3204,8137.5 mi
74
MI-840370
Dirt · Off grid
0.8Apr 26, 2026$4,6005,8665,8677.2 mi
73
MI-151590
Gravel · Full utilities
1.9May 12, 2024$12,8006,7244,4075.4 mi
72
MI-200764
Paved · Power at road
1.0Dec 18, 2024$10,0009,5686,2791.0 mi
72
Show adjustment detail for the top comp
  • Tract size (2.56 ac → 2 ac)+0.6%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Off grid)-30.3%

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.