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Kent County, MI · Sold

MI-832502

8027 County Road 121

$14,000
$3,804/ac · 3.68 ac
Acreage3.68 ac
Price per acre$3,804/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 24, 2024
Coordinates43.0523, -85.4687
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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

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
32
Moderate risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

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.

Power11,940 ft away

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

Buildable area2.95 of 3.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,309
$15,374$21,245 · $4,975/ac on 3.68 ac
Asking vs estimate
-23.5%
Priced below 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 $14,000
Maximum allowable offer
$10,463
$2,843/ac · +30.0% target margin

You need $3,537 off asking to hit this margin.

All-in cost$11,352
Net resale$16,845
Projected profit$5,492
ROI+48.4%
Annualized+69.2%
Break-even resale$3,353/ac
Profit if resale lands off target
-20%
$2,123
-10%
$3,808
0%
$5,492
+10%
$7,177
+20%
$8,861
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-922328
Landlocked · Full utilities
3.2Jul 27, 2026$14,1004,3584,4579.9 mi
81
MI-252674
Paved · Full utilities
4.2May 6, 2026$32,8007,8844,7318.6 mi
79
MI-782687
Landlocked · Power at road
4.2Mar 11, 2025$18,2004,3325,7694.6 mi
78
MI-712712
Paved · Off grid
4.3Nov 6, 2024$26,7006,2285,7049.1 mi
76
MI-763234
Gravel · Power at road
6.3Dec 27, 2025$33,4005,3514,7804.0 mi
76
MI-803096
Dirt · Off grid
5.7Nov 28, 2024$26,5004,6995,9655.2 mi
69
MI-313996
Gravel · Off grid
10.8May 14, 2025$30,0002,7683,1007.7 mi
69
MI-473119
Dirt · Full utilities
5.8Aug 16, 2025$34,3005,9605,1289.5 mi
68
MI-610909
Landlocked · Full utilities
1.2Jan 1, 2026$6,2005,3515,4876.5 mi
63
MI-503905
Dirt · Full utilities
10.2Dec 6, 2023$48,6004,7804,5602.5 mi
59
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%

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.