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Calhoun County, MI · Sold

MI-118666

4419 County Road 196

$880,900
$2,756/ac · 320 ac
Acreage320 ac
Price per acre$2,756/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 23, 2024
Coordinates42.1620, -84.9548
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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
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power111 ft away

Power at or near the road.

Buildable area251.69 of 319.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$955,506
$785,570$1,125,442 · $2,990/ac on 320 ac
Asking vs estimate
-7.8%
Priced below 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 $880,900
Maximum allowable offer
$546,004
$1,709/ac · +30.0% target margin

You need $334,896 off asking to hit this margin.

All-in cost$592,414
Net resale$879,066
Projected profit$286,651
ROI+48.4%
Annualized+69.2%
Break-even resale$2,015/ac
Profit if resale lands off target
-20%
$110,838
-10%
$198,745
0%
$286,651
+10%
$374,558
+20%
$462,465
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-459992
Gravel · Power at road
835.1Jul 27, 2026$1,795,8002,1502,88010.0 mi
78
MI-947389
Dirt · Power at road
126.7Jul 27, 2026$334,2002,6382,3784.5 mi
74
MI-578427
Gravel · Power at road
268.8Aug 19, 2024$958,8003,5673,6768.9 mi
73
MI-579965
Landlocked · Power at road
819.0Mar 19, 2026$1,034,8001,2642,5113.0 mi
72
MI-977748
Landlocked · Off grid
164.3Mar 7, 2024$372,2002,2653,5816.8 mi
65
Show adjustment detail for the top comp
  • Tract size (835.15 ac → 319.58 ac)+33.6%

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.