← New search
Allegan County, MI · Sold

MI-345638

1238 County Road 390

$237,000
$6,650/ac · 35.64 ac
Acreage35.64 ac
Price per acre$6,650/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedDec 10, 2025
Coordinates42.3770, -86.1921
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

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
24
Low risk
Wetlands18.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

673 ft of deeded road frontage.

Power7,796 ft away

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

Buildable area27.46 of 35.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$183,012
$145,220$220,805 · $5,135/ac on 35.64 ac
Asking vs estimate
+29.5%
Priced above 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 $237,000
Maximum allowable offer
$104,578
$2,934/ac · +30.0% target margin

You need $132,422 off asking to hit this margin.

All-in cost$113,467
Net resale$168,371
Projected profit$54,904
ROI+48.4%
Annualized+69.3%
Break-even resale$3,461/ac
Profit if resale lands off target
-20%
$21,230
-10%
$38,067
0%
$54,904
+10%
$71,741
+20%
$88,579
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-546392
Dirt · Off grid
61.5Jul 27, 2026$211,9003,4435,2677.1 mi
78
MI-966175
Gravel · Off grid
52.6Feb 8, 2026$169,5003,2234,1829.2 mi
74
MI-434370
Dirt · Power at road
14.2Jul 4, 2026$43,5003,0623,1631.2 mi
74
MI-167930
Gravel · Off grid
187.5Jul 27, 2026$694,4003,7036,4252.8 mi
69
MI-467370
Landlocked · Power at road
125.0Jul 27, 2026$374,4002,9965,8307.4 mi
67
MI-534838
Paved · Power at road
20.0Mar 14, 2024$141,4007,0866,0819.6 mi
63
MI-503738
Landlocked · Power at road
9.0Mar 14, 2024$29,2003,2484,4685.3 mi
59
MI-963424
Dirt · Power at road
7.2May 21, 2025$34,6004,8274,9373.7 mi
58
MI-263441
Dirt · Power at road
7.3Mar 31, 2024$43,3005,9626,38010.4 mi
50
Show adjustment detail for the top comp
  • Tract size (61.54 ac → 35.64 ac)+11.2%
  • Access (Dirt → Paved)+37.2%

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.