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Allegan County, MI · Sold

MI-859353

7863 County Road 143

$1,501,800
$2,857/ac · 526 ac
Acreage526 ac
Price per acre$2,857/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMay 30, 2025
Coordinates42.3734, -86.1951
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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

1 item to verify before you offer.

Risk index
6
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,763 ft of deeded road frontage.

Power1,244 ft away

Service extension needed; get a utility quote.

Buildable area465.94 of 525.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,652,557
$1,350,729$1,954,386 · $3,144/ac on 526 ac
Asking vs estimate
-9.1%
Priced below the comp set

Weighted from 5 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 $1,501,800
Maximum allowable offer
$944,318
$1,796/ac · +30.0% target margin

You need $557,482 off asking to hit this margin.

All-in cost$1,024,585
Net resale$1,520,353
Projected profit$495,768
ROI+48.4%
Annualized+69.2%
Break-even resale$2,119/ac
Profit if resale lands off target
-20%
$191,697
-10%
$343,732
0%
$495,768
+10%
$647,803
+20%
$799,838
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-428453
Paved · Full utilities
273.9Jul 27, 2026$1,201,6004,3872,5251.2 mi
80
MI-139507
Gravel · Power at road
587.7May 18, 2025$1,571,3002,6742,9193.9 mi
76
MI-167930
Gravel · Off grid
187.5Jul 27, 2026$694,4003,7033,2442.8 mi
75
MI-467370
Landlocked · Power at road
125.0Jul 27, 2026$374,4002,9962,9437.6 mi
65
MI-968097
Dirt · Off grid
211.6Sep 5, 2025$825,6003,9014,2638.3 mi
65
Show adjustment detail for the top comp
  • Tract size (273.89 ac → 525.68 ac)-17.6%
  • 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.