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Calhoun County, MI · Sold

MI-554173

8938 County Road 11

$94,900
$7,697/ac · 12.33 ac
Acreage12.33 ac
Price per acre$7,697/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedDec 3, 2025
Coordinates42.2835, -85.0819
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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

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
14
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

506 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area10.03 of 12.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$90,917
$76,955$104,879 · $7,374/ac on 12.33 ac
Asking vs estimate
+4.4%
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 $94,900
Maximum allowable offer
$51,953
$4,214/ac · +30.0% target margin

You need $42,947 off asking to hit this margin.

All-in cost$56,369
Net resale$83,644
Projected profit$27,275
ROI+48.4%
Annualized+69.2%
Break-even resale$4,969/ac
Profit if resale lands off target
-20%
$10,546
-10%
$18,911
0%
$27,275
+10%
$35,639
+20%
$44,004
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-723961
Gravel · Power at road
10.6Jul 27, 2026$58,9005,5666,7151.2 mi
88
MI-583931
Landlocked · Full utilities
10.3Jun 30, 2026$70,1006,7709,8577.0 mi
83
MI-583823
Gravel · Off grid
9.6Feb 20, 2026$50,6005,2917,5831.3 mi
83
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6716,5614.8 mi
76
MI-843453
Gravel · Full utilities
7.3Aug 4, 2024$58,5007,9958,3340.9 mi
73
MI-325337
Gravel · Full utilities
28.7Oct 4, 2025$201,0007,0148,0681.8 mi
73
MI-203746
Landlocked · Power at road
9.1Sep 11, 2025$33,4003,6926,7079.9 mi
71
MI-525064
Gravel · Power at road
23.5Jun 24, 2025$120,1005,1087,0408.8 mi
68
MI-125823
Gravel · Full utilities
40.8Aug 8, 2025$225,6005,5376,8052.8 mi
68
MI-412984
Gravel · Off grid
5.2Jan 29, 2026$21,3004,0965,66910.8 mi
67
Show adjustment detail for the top comp
  • Tract size (10.58 ac → 12.33 ac)-1.3%
  • Utilities (Power at road → Full utilities)+22.0%

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.