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Allegan County, MI · Sold

MI-167930

7431 County Road 98

$684,100
$3,648/ac · 188 ac
Acreage188 ac
Price per acre$3,648/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJul 9, 2026
Coordinates42.3546, -86.1473
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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

5 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands30.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,006 ft away

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

Buildable area123.63 of 187.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$648,569
$523,354$773,785 · $3,459/ac on 188 ac
Asking vs estimate
+5.5%
Priced above 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 $684,100
Maximum allowable offer
$370,611
$1,976/ac · +30.0% target margin

You need $313,489 off asking to hit this margin.

All-in cost$402,113
Net resale$596,684
Projected profit$194,571
ROI+48.4%
Annualized+69.2%
Break-even resale$2,331/ac
Profit if resale lands off target
-20%
$75,234
-10%
$134,903
0%
$194,571
+10%
$254,239
+20%
$313,908
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-428453
Paved · Full utilities
273.9Jul 27, 2026$1,201,6004,3872,8892.9 mi
80
MI-467370
Landlocked · Power at road
125.0Jul 27, 2026$374,4002,9963,3689.7 mi
76
MI-968097
Dirt · Off grid
211.6Sep 5, 2025$825,6003,9014,87711.0 mi
75
MI-859353
Paved · Off grid
525.7May 16, 2026$1,465,8002,7883,2242.8 mi
73
MI-546392
Dirt · Off grid
61.5Jul 27, 2026$211,9003,4433,0429.6 mi
69
MI-139507
Gravel · Power at road
587.7May 18, 2025$1,571,3002,6743,3406.1 mi
63
Show adjustment detail for the top comp
  • Tract size (273.89 ac → 187.51 ac)+11.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.