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Calhoun County, MI · Sold

MI-684973

7434 County Road 188

$62,400
$2,834/ac · 22.02 ac
Acreage22.02 ac
Price per acre$2,834/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedAug 16, 2023
Coordinates42.1914, -84.9110
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

Calhoun County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Calhoun market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope22.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power183 ft away

Power at or near the road.

Buildable area12.45 of 22.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$82,741
$70,229$95,254 · $3,758/ac on 22.02 ac
Asking vs estimate
-24.6%
Priced below the comp set

Weighted from 10 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 $62,400
Maximum allowable offer
$47,281
$2,147/ac · +30.0% target margin

You need $15,119 off asking to hit this margin.

All-in cost$51,300
Net resale$76,122
Projected profit$24,822
ROI+48.4%
Annualized+69.2%
Break-even resale$2,532/ac
Profit if resale lands off target
-20%
$9,598
-10%
$17,210
0%
$24,822
+10%
$32,434
+20%
$40,046
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6713,4247.5 mi
84
MI-525064
Gravel · Power at road
23.5Jun 24, 2025$120,1005,1083,6745.4 mi
78
MI-554173
Gravel · Full utilities
12.3Jul 27, 2026$79,2006,4273,36110.8 mi
77
MI-834991
Landlocked · Off grid
22.3Dec 21, 2023$71,9003,2224,2201.8 mi
77
MI-145754
Landlocked · Full utilities
38.8Jun 10, 2025$126,4003,2613,0684.2 mi
75
MI-583931
Landlocked · Full utilities
10.3Jun 30, 2026$70,1006,7705,14310.0 mi
73
MI-203746
Landlocked · Power at road
9.1Sep 11, 2025$33,4003,6923,5000.9 mi
73
MI-723961
Gravel · Power at road
10.6Jul 27, 2026$58,9005,5663,50411.7 mi
72
MI-325337
Gravel · Full utilities
28.7Oct 4, 2025$201,0007,0144,21012.6 mi
70
MI-125823
Gravel · Full utilities
40.8Aug 8, 2025$225,6005,5373,5518.1 mi
66
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.