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Kent County, MI · Sold

MI-648348

7862 County Road 321

$629,200
$2,479/ac · 254 ac
Acreage254 ac
Price per acre$2,479/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 11, 2024
Coordinates43.1031, -85.4494
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

5 items to verify before you offer.

Risk index
27
Low risk
Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.4%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,331 ft of deeded road frontage.

Power4,814 ft away

Service extension needed; get a utility quote.

Buildable area202.80 of 253.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$543,477
$401,887$685,067 · $2,141/ac on 254 ac
Asking vs estimate
+15.8%
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 $629,200
Maximum allowable offer
$310,558
$1,223/ac · +30.0% target margin

You need $318,642 off asking to hit this margin.

All-in cost$336,955
Net resale$499,999
Projected profit$163,043
ROI+48.4%
Annualized+69.2%
Break-even resale$1,443/ac
Profit if resale lands off target
-20%
$63,043
-10%
$113,043
0%
$163,043
+10%
$213,043
+20%
$263,043
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-338370
Gravel · Power at road
257.9Jul 27, 2026$588,0002,2801,6787.3 mi
84
MI-628415
Dirt · Full utilities
266.4Aug 6, 2025$569,2002,1361,5743.1 mi
81
MI-678085
Gravel · Power at road
209.8Jul 27, 2026$985,0004,6953,2598.2 mi
80
MI-157946
Paved · Full utilities
189.7Jul 27, 2026$641,0003,3791,5846.8 mi
79
MI-859130
Dirt · Off grid
447.3Apr 23, 2026$662,7001,4821,7736.6 mi
77
MI-177917
Dirt · Power at road
185.8Jul 5, 2025$632,1003,4032,7738.0 mi
77
MI-307786
Paved · Off grid
168.9Dec 11, 2025$629,8003,7282,4949.8 mi
77
MI-137890
Gravel · Power at road
182.2Jan 27, 2026$675,0003,7062,5255.3 mi
76
MI-657792
Dirt · Power at road
169.7Jul 6, 2025$374,0002,2041,7521.4 mi
76
MI-157848
Dirt · Power at road
176.7Apr 24, 2025$445,0002,5182,0419.9 mi
74
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • 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.