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Calhoun County, MI · Sold

MI-834991

8495 County Road 400

$75,000
$3,363/ac · 22.30 ac
Acreage22.30 ac
Price per acre$3,363/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedNov 14, 2023
Coordinates42.2173, -84.9108
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

2 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,864 ft away

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

Buildable area20.78 of 22.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,394
$56,682$80,107 · $3,067/ac on 22.30 ac
Asking vs estimate
+9.7%
Priced above 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 $75,000
Maximum allowable offer
$39,082
$1,753/ac · +30.0% target margin

You need $35,918 off asking to hit this margin.

All-in cost$42,404
Net resale$62,923
Projected profit$20,519
ROI+48.4%
Annualized+69.3%
Break-even resale$2,067/ac
Profit if resale lands off target
-20%
$7,934
-10%
$14,226
0%
$20,519
+10%
$26,811
+20%
$33,103
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-824977
Dirt · Off grid
22.1Jul 27, 2026$81,1003,6712,9057.3 mi
87
MI-525064
Gravel · Power at road
23.5Jun 24, 2025$120,1005,1083,1173.6 mi
78
MI-684973
Landlocked · Power at road
22.0Oct 2, 2023$53,9002,4482,3281.8 mi
77
MI-325337
Gravel · Full utilities
28.7Oct 4, 2025$201,0007,0143,57211.7 mi
75
MI-723961
Gravel · Power at road
10.6Jul 27, 2026$58,9005,5662,97310.8 mi
75
MI-203746
Landlocked · Power at road
9.1Sep 11, 2025$33,4003,6922,9701.3 mi
75
MI-583931
Landlocked · Full utilities
10.3Jun 30, 2026$70,1006,7704,3648.3 mi
74
MI-554173
Gravel · Full utilities
12.3Jul 27, 2026$79,2006,4272,8529.9 mi
73
MI-145754
Landlocked · Full utilities
38.8Jun 10, 2025$126,4003,2612,6032.5 mi
72
MI-125823
Gravel · Full utilities
40.8Aug 8, 2025$225,6005,5373,0137.3 mi
71
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.