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Calhoun County, MI · Sold

MI-578427

7428 County Road 178

$997,700
$3,712/ac · 269 ac
Acreage269 ac
Price per acre$3,712/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedOct 9, 2023
Coordinates42.2868, -84.9979
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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,205 ft of deeded road frontage.

Power213 ft away

Power at or near the road.

Buildable area243.08 of 268.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$794,392
$680,894$907,891 · $2,956/ac on 269 ac
Asking vs estimate
+25.6%
Priced above 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 $997,700
Maximum allowable offer
$453,938
$1,689/ac · +30.0% target margin

You need $543,762 off asking to hit this margin.

All-in cost$492,523
Net resale$730,841
Projected profit$238,318
ROI+48.4%
Annualized+69.3%
Break-even resale$1,992/ac
Profit if resale lands off target
-20%
$92,150
-10%
$165,234
0%
$238,318
+10%
$311,402
+20%
$384,486
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-947389
Dirt · Power at road
126.7Jul 27, 2026$334,2002,6382,5014.5 mi
77
MI-459992
Gravel · Power at road
835.1Jul 27, 2026$1,795,8002,1503,0283.2 mi
76
MI-118666
Gravel · Power at road
319.6Nov 14, 2024$839,5002,6272,9668.9 mi
74
MI-579965
Landlocked · Power at road
819.0Mar 19, 2026$1,034,8001,2642,6406.4 mi
68
MI-977748
Landlocked · Off grid
164.3Mar 7, 2024$372,2002,2653,7658.9 mi
62
Show adjustment detail for the top comp
  • Tract size (126.71 ac → 268.78 ac)-18.7%
  • Access (Dirt → Gravel)+16.3%

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.