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Kent County, MI · Sold

MI-782687

8650 County Road 120

$17,700
$4,214/ac · 4.20 ac
Acreage4.20 ac
Price per acre$4,214/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMar 12, 2024
Coordinates43.0019, -85.5298
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

Kent County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Kent market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
36
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power187 ft away

Power at or near the road.

Buildable area3.61 of 4.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,758
$13,056$18,459 · $3,752/ac on 4.20 ac
Asking vs estimate
+12.3%
Priced above the comp set

Weighted from 9 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 $17,700
Maximum allowable offer
$9,005
$2,144/ac · +30.0% target margin

You need $8,695 off asking to hit this margin.

All-in cost$9,770
Net resale$14,497
Projected profit$4,727
ROI+48.4%
Annualized+69.2%
Break-even resale$2,529/ac
Profit if resale lands off target
-20%
$1,827
-10%
$3,277
0%
$4,727
+10%
$6,177
+20%
$7,626
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-922328
Landlocked · Full utilities
3.2Jul 27, 2026$14,1004,3583,5485.2 mi
84
MI-252674
Paved · Full utilities
4.2May 6, 2026$32,8007,8843,7667.6 mi
82
MI-832502
Gravel · Off grid
3.7Jun 22, 2025$13,7003,7173,1024.6 mi
80
MI-712712
Paved · Off grid
4.3Nov 6, 2024$26,7006,2284,5415.3 mi
79
MI-763234
Gravel · Power at road
6.3Dec 27, 2025$33,4005,3513,8062.4 mi
77
MI-803096
Dirt · Off grid
5.7Nov 28, 2024$26,5004,6994,7481.9 mi
72
MI-473119
Dirt · Full utilities
5.8Aug 16, 2025$34,3005,9604,0828.5 mi
70
MI-313996
Gravel · Off grid
10.8May 14, 2025$30,0002,7682,4685.5 mi
67
MI-503905
Dirt · Full utilities
10.2Dec 6, 2023$48,6004,7803,6304.0 mi
59
Show adjustment detail for the top comp
  • Tract size (3.24 ac → 4.2 ac)-0.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.