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Calhoun County, MI · Sold

MI-125823

9401 County Road 3

$241,300
$5,921/ac · 40.75 ac
Acreage40.75 ac
Price per acre$5,921/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedMar 24, 2025
Coordinates42.2535, -85.0447
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
52
Moderate risk
Wetlands44.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area21.37 of 40.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$230,275
$196,840$263,711 · $5,651/ac on 40.75 ac
Asking vs estimate
+4.8%
In line with the comp set

Weighted from 8 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 $241,300
Maximum allowable offer
$131,586
$3,229/ac · +30.0% target margin

You need $109,714 off asking to hit this margin.

All-in cost$142,771
Net resale$211,853
Projected profit$69,083
ROI+48.4%
Annualized+69.2%
Break-even resale$3,808/ac
Profit if resale lands off target
-20%
$26,712
-10%
$47,897
0%
$69,083
+10%
$90,268
+20%
$111,453
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-325337
Gravel · Full utilities
28.7Oct 4, 2025$201,0007,0146,8454.6 mi
83
MI-145754
Landlocked · Full utilities
38.8Jun 10, 2025$126,4003,2614,9887.2 mi
78
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6715,5672.5 mi
77
MI-554173
Gravel · Full utilities
12.3Jul 27, 2026$79,2006,4275,4652.8 mi
75
MI-947389
Dirt · Power at road
126.7Jul 27, 2026$334,2002,6384,8373.6 mi
71
MI-525064
Gravel · Power at road
23.5Jun 24, 2025$120,1005,1085,9737.0 mi
70
MI-834991
Landlocked · Off grid
22.3Dec 21, 2023$71,9003,2226,8627.3 mi
65
MI-684973
Landlocked · Power at road
22.0Oct 2, 2023$53,9002,4484,4618.1 mi
59
Show adjustment detail for the top comp
  • Tract size (28.66 ac → 40.75 ac)-5.8%
  • Market time (10 mo)+3.6%

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.