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Calhoun County, MI · Sold

MI-991328

5051 County Road 20

$8,800
$5,605/ac · 1.57 ac
Acreage1.57 ac
Price per acre$5,605/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 7, 2024
Coordinates42.2727, -84.9888
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

148 ft of deeded road frontage.

Power9,098 ft away

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

Buildable area1.46 of 1.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,661
$5,420$7,901 · $4,243/ac on 1.57 ac
Asking vs estimate
+32.1%
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 $8,800
Maximum allowable offer
$3,806
$2,424/ac · +30.0% target margin

You need $4,994 off asking to hit this margin.

All-in cost$4,130
Net resale$6,128
Projected profit$1,998
ROI+48.4%
Annualized+69.3%
Break-even resale$2,859/ac
Profit if resale lands off target
-20%
$773
-10%
$1,386
0%
$1,998
+10%
$2,611
+20%
$3,224
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-980257
Landlocked · Power at road
0.7Jul 27, 2026$2,3003,1763,3926.4 mi
77
MI-832202
Landlocked · Power at road
3.0Aug 1, 2025$15,2005,1235,8274.8 mi
68
MI-230162
Paved · Off grid
0.7Jul 9, 2025$4,0005,9144,4695.8 mi
66
MI-412984
Gravel · Off grid
5.2Jan 29, 2026$21,3004,0963,7316.9 mi
65
MI-262834
Dirt · Power at road
4.7Mar 21, 2025$20,7004,4384,1164.4 mi
64
MI-552394
Dirt · Power at road
3.4Mar 18, 2024$14,3004,1943,9988.4 mi
62
Show adjustment detail for the top comp
  • Tract size (0.72 ac → 1.57 ac)-0.9%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.