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Allegan County, MI · Sold

MI-503738

159 County Road 82

$33,600
$3,733/ac · 9.00 ac
Acreage9.00 ac
Price per acre$3,733/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedFeb 10, 2024
Coordinates42.3784, -86.2955
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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

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

View Allegan market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11 ft away

Power at or near the road.

Buildable area7.16 of 9.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,614
$27,903$41,325 · $3,846/ac on 9.00 ac
Asking vs estimate
-2.9%
In line with 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 $33,600
Maximum allowable offer
$19,780
$2,198/ac · +30.0% target margin

You need $13,820 off asking to hit this margin.

All-in cost$21,461
Net resale$31,845
Projected profit$10,384
ROI+48.4%
Annualized+69.2%
Break-even resale$2,592/ac
Profit if resale lands off target
-20%
$4,015
-10%
$7,199
0%
$10,384
+10%
$13,568
+20%
$16,753
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-552844
Dirt · Power at road
4.7Jul 27, 2026$22,5004,7863,6532.7 mi
79
MI-434370
Dirt · Power at road
14.2Jul 4, 2026$43,5003,0622,5335.8 mi
79
MI-963424
Dirt · Power at road
7.2May 21, 2025$34,6004,8273,9542.5 mi
76
MI-912825
Dirt · Off grid
4.6Jul 27, 2026$18,0003,8783,4813.9 mi
76
MI-452500
Gravel · Off grid
3.7May 18, 2026$17,4004,7303,6471.9 mi
72
MI-182803
Paved · Full utilities
4.6Jun 28, 2026$34,0007,4423,4018.6 mi
72
MI-263441
Dirt · Power at road
7.3Mar 31, 2024$43,3005,9625,1108.8 mi
68
MI-972020
Dirt · Off grid
2.6Nov 6, 2025$12,6004,8684,4153.4 mi
64
MI-534838
Paved · Power at road
20.0Mar 14, 2024$141,4007,0864,8708.3 mi
60
Show adjustment detail for the top comp
  • Tract size (4.71 ac → 9 ac)-3.7%
  • Access (Dirt → Landlocked)-20.9%

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.