← New search
Calhoun County, MI · Sold

MI-723961

8167 County Road 24

$67,000
$6,333/ac · 10.58 ac
Acreage10.58 ac
Price per acre$6,333/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 30, 2026
Coordinates42.2809, -85.1044
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

4 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands23.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

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.

Power243 ft away

Power at or near the road.

Buildable area7.74 of 10.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,740
$55,471$76,009 · $6,214/ac on 10.58 ac
Asking vs estimate
+1.9%
In line with 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 $67,000
Maximum allowable offer
$37,566
$3,551/ac · +30.0% target margin

You need $29,434 off asking to hit this margin.

All-in cost$40,759
Net resale$60,481
Projected profit$19,722
ROI+48.4%
Annualized+69.2%
Break-even resale$4,187/ac
Profit if resale lands off target
-20%
$7,626
-10%
$13,674
0%
$19,722
+10%
$25,770
+20%
$31,818
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-554173
Gravel · Full utilities
12.3Jul 27, 2026$79,2006,4275,3511.2 mi
88
MI-583823
Gravel · Off grid
9.6Feb 20, 2026$50,6005,2916,3000.1 mi
86
MI-583931
Landlocked · Full utilities
10.3Jun 30, 2026$70,1006,7708,1898.1 mi
83
MI-203746
Landlocked · Power at road
9.1Sep 11, 2025$33,4003,6925,57210.8 mi
79
MI-843453
Gravel · Full utilities
7.3Aug 4, 2024$58,5007,9956,9241.9 mi
77
MI-325337
Gravel · Full utilities
28.7Oct 4, 2025$201,0007,0146,7031.3 mi
75
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6715,4515.1 mi
74
MI-412984
Gravel · Off grid
5.2Jan 29, 2026$21,3004,0964,71011.7 mi
69
MI-773346
Gravel · Off grid
6.8Feb 15, 2025$38,7005,7156,9249.1 mi
68
MI-525064
Gravel · Power at road
23.5Jun 24, 2025$120,1005,1085,84910.0 mi
67
Show adjustment detail for the top comp
  • Tract size (12.33 ac → 10.58 ac)+1.4%
  • Utilities (Full utilities → Power at road)-18.0%

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.