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Allegan County, MI · Sold

MI-263441

1304 County Road 287

$47,000
$6,474/ac · 7.26 ac
Acreage7.26 ac
Price per acre$6,474/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedDec 2, 2023
Coordinates42.5058, -86.2986
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope24.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

674 ft of deeded road frontage.

Power3 ft away

Power at or near the road.

Buildable area4.34 of 7.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,412
$28,820$40,005 · $4,740/ac on 7.26 ac
Asking vs estimate
+36.6%
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 $47,000
Maximum allowable offer
$19,664
$2,709/ac · +30.0% target margin

You need $27,336 off asking to hit this margin.

All-in cost$21,335
Net resale$31,659
Projected profit$10,324
ROI+48.4%
Annualized+69.3%
Break-even resale$3,194/ac
Profit if resale lands off target
-20%
$3,992
-10%
$7,158
0%
$10,324
+10%
$13,490
+20%
$16,656
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-963424
Dirt · Power at road
7.2May 21, 2025$34,6004,8275,0747.6 mi
80
MI-552844
Dirt · Power at road
4.7Jul 27, 2026$22,5004,7864,68911.4 mi
79
MI-182803
Paved · Full utilities
4.6Jun 28, 2026$34,0007,4424,3652.5 mi
79
MI-912825
Dirt · Off grid
4.6Jul 27, 2026$18,0003,8784,46710.4 mi
77
MI-434370
Dirt · Power at road
14.2Jul 4, 2026$43,5003,0623,25011.6 mi
75
MI-452500
Gravel · Off grid
3.7May 18, 2026$17,4004,7304,68110.1 mi
75
MI-503738
Landlocked · Power at road
9.0Mar 14, 2024$29,2003,2484,5938.8 mi
68
MI-972020
Dirt · Off grid
2.6Nov 6, 2025$12,6004,8685,6659.2 mi
65
MI-534838
Paved · Power at road
20.0Mar 14, 2024$141,4007,0866,2500.9 mi
62
Show adjustment detail for the top comp
  • Market time (15 mo)+5.2%

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.