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Allegan County, MI · Sold

MI-182803

2545 County Road 29

$38,300
$8,381/ac · 4.57 ac
Acreage4.57 ac
Price per acre$8,381/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedOct 24, 2025
Coordinates42.4975, -86.3471
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

330 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area4.23 of 4.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$37,979
$31,130$44,827 · $8,310/ac on 4.57 ac
Asking vs estimate
+0.8%
In line with the comp set

Weighted from 8 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 $38,300
Maximum allowable offer
$21,702
$4,749/ac · +30.0% target margin

You need $16,598 off asking to hit this margin.

All-in cost$23,547
Net resale$34,940
Projected profit$11,394
ROI+48.4%
Annualized+69.3%
Break-even resale$5,600/ac
Profit if resale lands off target
-20%
$4,406
-10%
$7,900
0%
$11,394
+10%
$14,888
+20%
$18,382
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-912825
Dirt · Off grid
4.6Jul 27, 2026$18,0003,8787,66011.1 mi
87
MI-552844
Dirt · Power at road
4.7Jul 27, 2026$22,5004,7868,03911.1 mi
82
MI-452500
Gravel · Off grid
3.7May 18, 2026$17,4004,7308,02610.2 mi
77
MI-434370
Dirt · Power at road
14.2Jul 4, 2026$43,5003,0625,57312.6 mi
69
MI-972020
Dirt · Off grid
2.6Nov 6, 2025$12,6004,8689,71310.0 mi
68
MI-963424
Dirt · Power at road
7.2May 21, 2025$34,6004,8278,7008.1 mi
67
MI-263441
Dirt · Power at road
7.3Mar 31, 2024$43,3005,96211,2442.5 mi
66
MI-503738
Landlocked · Power at road
9.0Mar 14, 2024$29,2003,2487,8748.6 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • 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.