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Calhoun County, MI · Sold

MI-230162

5463 County Road 239

$3,700
$5,522/ac · 0.67 ac
Acreage0.67 ac
Price per acre$5,522/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJan 5, 2025
Coordinates42.2066, -84.9193
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands18.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

158 ft of deeded road frontage.

Power5,920 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.52 of 0.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,137
$3,169$5,105 · $6,175/ac on 0.67 ac
Asking vs estimate
-10.6%
Priced below the comp set

Weighted from 6 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 $3,700
Maximum allowable offer
$2,364
$3,528/ac · +30.0% target margin

You need $1,336 off asking to hit this margin.

All-in cost$2,565
Net resale$3,806
Projected profit$1,241
ROI+48.4%
Annualized+69.3%
Break-even resale$4,161/ac
Profit if resale lands off target
-20%
$480
-10%
$861
0%
$1,241
+10%
$1,622
+20%
$2,002
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-980257
Landlocked · Power at road
0.7Jul 27, 2026$2,3003,1764,6982.6 mi
86
MI-412984
Gravel · Off grid
5.2Jan 29, 2026$21,3004,0965,1671.1 mi
63
MI-991328
Dirt · Off grid
1.6Dec 16, 2024$8,8005,6118,3135.8 mi
63
MI-832202
Landlocked · Power at road
3.0Aug 1, 2025$15,2005,1238,0709.9 mi
60
MI-262834
Dirt · Power at road
4.7Mar 21, 2025$20,7004,4385,7001.8 mi
56
MI-552394
Dirt · Power at road
3.4Mar 18, 2024$14,3004,1945,5369.4 mi
50
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Off grid)-15.0%

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.