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Kent County, MI · Sold

MI-177917

5068 County Road 236

$661,900
$3,563/ac · 186 ac
Acreage186 ac
Price per acre$3,563/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 12, 2024
Coordinates42.9918, -85.4958
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

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands46.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power147 ft away

Power at or near the road.

Buildable area93.88 of 185.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$536,285
$418,584$653,986 · $2,887/ac on 186 ac
Asking vs estimate
+23.4%
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 $661,900
Maximum allowable offer
$306,449
$1,650/ac · +30.0% target margin

You need $355,451 off asking to hit this margin.

All-in cost$332,497
Net resale$493,382
Projected profit$160,885
ROI+48.4%
Annualized+69.2%
Break-even resale$1,946/ac
Profit if resale lands off target
-20%
$62,209
-10%
$111,547
0%
$160,885
+10%
$210,223
+20%
$259,561
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-678085
Gravel · Power at road
209.8Jul 27, 2026$985,0004,6954,1861.0 mi
89
MI-157946
Paved · Full utilities
189.7Jul 27, 2026$641,0003,3792,0352.1 mi
88
MI-137890
Gravel · Power at road
182.2Jan 27, 2026$675,0003,7063,2433.8 mi
84
MI-338370
Gravel · Power at road
257.9Jul 27, 2026$588,0002,2802,1552.4 mi
84
MI-157848
Dirt · Power at road
176.7Apr 24, 2025$445,0002,5182,62111.7 mi
81
MI-307786
Paved · Off grid
168.9Dec 11, 2025$629,8003,7283,20310.4 mi
81
MI-657792
Dirt · Power at road
169.7Jul 6, 2025$374,0002,2042,2517.2 mi
79
MI-648348
Dirt · Off grid
253.8Mar 29, 2025$536,7002,1142,8738.0 mi
76
MI-196352
Paved · Power at road
59.8Jul 27, 2026$333,3005,5753,0766.2 mi
75
MI-427935
Dirt · Full utilities
188.2Feb 29, 2024$665,0003,5343,2077.4 mi
74
Show adjustment detail for the top comp
  • Tract size (209.8 ac → 185.76 ac)+3.4%
  • Access (Gravel → Dirt)-14.0%

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.