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Kent County, MI · Sold

MI-313996

2927 County Road 129

$36,100
$3,327/ac · 10.85 ac
Acreage10.85 ac
Price per acre$3,327/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedApr 2, 2025
Coordinates43.0456, -85.6210
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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

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

551 ft of deeded road frontage.

Power9,952 ft away

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

Buildable area9.02 of 10.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,108
$44,567$61,649 · $4,895/ac on 10.85 ac
Asking vs estimate
-32.0%
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 $36,100
Maximum allowable offer
$30,347
$2,797/ac · +30.0% target margin

You need $5,753 off asking to hit this margin.

All-in cost$32,926
Net resale$48,859
Projected profit$15,933
ROI+48.4%
Annualized+69.3%
Break-even resale$3,299/ac
Profit if resale lands off target
-20%
$6,161
-10%
$11,047
0%
$15,933
+10%
$20,819
+20%
$25,705
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-763234
Gravel · Power at road
6.3Dec 27, 2025$33,4005,3514,4943.9 mi
75
MI-644893
Landlocked · Off grid
20.8Jul 27, 2026$82,0003,9466,2359.4 mi
74
MI-815402
Dirt · Power at road
30.0Jul 9, 2026$158,6005,2795,9278.3 mi
73
MI-252674
Paved · Full utilities
4.2May 6, 2026$32,8007,8844,4472.5 mi
71
MI-832502
Gravel · Off grid
3.7Jun 22, 2025$13,7003,7173,6637.7 mi
69
MI-473119
Dirt · Full utilities
5.8Aug 16, 2025$34,3005,9604,8213.2 mi
69
MI-503905
Dirt · Full utilities
10.2Dec 6, 2023$48,6004,7804,2878.6 mi
69
MI-712712
Paved · Off grid
4.3Nov 6, 2024$26,7006,2285,3623.1 mi
68
MI-922328
Landlocked · Full utilities
3.2Jul 27, 2026$14,1004,3584,1907.1 mi
68
MI-782687
Landlocked · Power at road
4.2Mar 11, 2025$18,2004,3325,4245.5 mi
66
Show adjustment detail for the top comp
  • Tract size (6.25 ac → 10.85 ac)-3.8%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.7%

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.