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Washtenaw County, MI · Sold

MI-694638

3214 County Road 362

$103,400
$5,987/ac · 17.27 ac
Acreage17.27 ac
Price per acre$5,987/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 13, 2026
Coordinates42.2732, -83.7454
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

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands17.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power228 ft away

Power at or near the road.

Buildable area13.58 of 17.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$99,925
$83,015$116,835 · $5,786/ac on 17.27 ac
Asking vs estimate
+3.5%
In line with the comp set

Weighted from 6 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 $103,400
Maximum allowable offer
$57,100
$3,306/ac · +30.0% target margin

You need $46,300 off asking to hit this margin.

All-in cost$61,954
Net resale$91,931
Projected profit$29,978
ROI+48.4%
Annualized+69.3%
Break-even resale$3,899/ac
Profit if resale lands off target
-20%
$11,592
-10%
$20,785
0%
$29,978
+10%
$39,171
+20%
$48,364
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-374319
Dirt · Power at road
13.7Jan 19, 2026$76,4005,5716,4692.3 mi
81
MI-704944
Gravel · Off grid
21.6Apr 22, 2026$69,6003,2303,95910.5 mi
79
MI-263300
Dirt · Power at road
6.5Jul 24, 2026$40,7006,2206,6783.0 mi
75
MI-135044
Dirt · Power at road
23.2Sep 1, 2025$96,9004,1825,2528.6 mi
73
MI-673116
Dirt · Power at road
5.7Jul 27, 2026$35,6006,2136,6206.4 mi
71
MI-432934
Landlocked · Power at road
5.0Jun 18, 2026$21,7004,3205,8113.8 mi
70
Show adjustment detail for the top comp
  • Tract size (13.71 ac → 17.27 ac)-2.5%
  • Access (Dirt → Gravel)+16.3%
  • Market time (7 mo)+2.4%

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.