MI-824977
9233 County Road 387
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Calhoun County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Calhoun market data →Step 1 · Is this a deal?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $35,760 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-554173 Gravel · Full utilities | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 3,612 | 4.8 mi | 76 |
| MI-583823 Gravel · Off grid | 9.6 | Feb 20, 2026 | $50,600 | 5,291 | 4,252 | 5.1 mi | 75 |
| MI-525064 Gravel · Power at road | 23.5 | Jun 24, 2025 | $120,100 | 5,108 | 3,948 | 8.2 mi | 74 |
| MI-723961 Gravel · Power at road | 10.6 | Jul 27, 2026 | $58,900 | 5,566 | 3,765 | 5.1 mi | 74 |
| MI-325337 Gravel · Full utilities | 28.7 | Oct 4, 2025 | $201,000 | 7,014 | 4,524 | 6.3 mi | 73 |
| MI-834991 Landlocked · Off grid | 22.3 | Dec 21, 2023 | $71,900 | 3,222 | 4,535 | 7.3 mi | 73 |
| MI-583931 Landlocked · Full utilities | 10.3 | Jun 30, 2026 | $70,100 | 6,770 | 5,527 | 9.2 mi | 71 |
| MI-684973 Landlocked · Power at road | 22.0 | Oct 2, 2023 | $53,900 | 2,448 | 2,949 | 7.5 mi | 70 |
| MI-125823 Gravel · Full utilities | 40.8 | Aug 8, 2025 | $225,600 | 5,537 | 3,816 | 2.5 mi | 70 |
| MI-145754 Landlocked · Full utilities | 38.8 | Jun 10, 2025 | $126,400 | 3,261 | 3,296 | 8.1 mi | 66 |
Show adjustment detail for the top comp
- Tract size (12.33 ac → 22.08 ac)-6.4%
- Access (Gravel → Dirt)-14.0%
- Utilities (Full utilities → Off grid)-30.3%
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.