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Calhoun County, MI · Sold

MI-203746

2753 County Road 348

$32,100
$3,547/ac · 9.05 ac
Acreage9.05 ac
Price per acre$3,547/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedJul 6, 2024
Coordinates42.2014, -84.9234
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
32
Moderate risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power120 ft away

Power at or near the road.

Buildable area8.16 of 9.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,648
$31,987$45,310 · $4,271/ac on 9.05 ac
Asking vs estimate
-16.9%
Priced below 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 $32,100
Maximum allowable offer
$22,085
$2,440/ac · +30.0% target margin

You need $10,015 off asking to hit this margin.

All-in cost$23,962
Net resale$35,556
Projected profit$11,594
ROI+48.4%
Annualized+69.2%
Break-even resale$2,878/ac
Profit if resale lands off target
-20%
$4,483
-10%
$8,038
0%
$11,594
+10%
$15,150
+20%
$18,705
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-723961
Gravel · Power at road
10.6Jul 27, 2026$58,9005,5663,84010.8 mi
86
MI-583931
Landlocked · Full utilities
10.3Jun 30, 2026$70,1006,7705,6389.2 mi
83
MI-554173
Gravel · Full utilities
12.3Jul 27, 2026$79,2006,4273,6849.9 mi
78
MI-583823
Gravel · Off grid
9.6Feb 20, 2026$50,6005,2914,33710.8 mi
78
MI-412984
Gravel · Off grid
5.2Jan 29, 2026$21,3004,0963,2430.9 mi
75
MI-773346
Gravel · Off grid
6.8Feb 15, 2025$38,7005,7154,7672.3 mi
73
MI-843453
Gravel · Full utilities
7.3Aug 4, 2024$58,5007,9954,7679.0 mi
72
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6713,7536.7 mi
71
MI-262834
Dirt · Power at road
4.7Mar 21, 2025$20,7004,4383,5771.8 mi
69
MI-832202
Landlocked · Power at road
3.0Aug 1, 2025$15,2005,1235,0649.9 mi
68
Show adjustment detail for the top comp
  • Tract size (10.58 ac → 9.05 ac)+1.2%
  • Access (Gravel → Landlocked)-32.0%

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.