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Kent County, MI · Sold

MI-763234

2906 County Road 173

$37,200
$5,952/ac · 6.25 ac
Acreage6.25 ac
Price per acre$5,952/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 27, 2025
Coordinates43.0355, -85.5450
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
24
Low risk
Wetlands16.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

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.

Power167 ft away

Power at or near the road.

Buildable area4.99 of 6.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,840
$28,700$42,980 · $5,734/ac on 6.25 ac
Asking vs estimate
+3.8%
In line with 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 $37,200
Maximum allowable offer
$20,480
$3,277/ac · +30.0% target margin

You need $16,720 off asking to hit this margin.

All-in cost$22,221
Net resale$32,973
Projected profit$10,752
ROI+48.4%
Annualized+69.2%
Break-even resale$3,864/ac
Profit if resale lands off target
-20%
$4,157
-10%
$7,454
0%
$10,752
+10%
$14,049
+20%
$17,346
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-473119
Dirt · Full utilities
5.8Aug 16, 2025$34,3005,9605,8926.4 mi
80
MI-252674
Paved · Full utilities
4.2May 6, 2026$32,8007,8845,4365.5 mi
76
MI-922328
Landlocked · Full utilities
3.2Jul 27, 2026$14,1004,3585,1216.8 mi
74
MI-803096
Dirt · Off grid
5.7Nov 28, 2024$26,5004,6996,8544.3 mi
74
MI-782687
Landlocked · Power at road
4.2Mar 11, 2025$18,2004,3326,6292.4 mi
73
MI-832502
Gravel · Off grid
3.7Jun 22, 2025$13,7003,7174,4774.0 mi
72
MI-313996
Gravel · Off grid
10.8May 14, 2025$30,0002,7683,5623.9 mi
71
MI-712712
Paved · Off grid
4.3Nov 6, 2024$26,7006,2286,5545.1 mi
68
MI-644893
Landlocked · Off grid
20.8Jul 27, 2026$82,0003,9467,6216.5 mi
68
MI-503905
Dirt · Full utilities
10.2Dec 6, 2023$48,6004,7805,2404.8 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (12 mo)+4.2%

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.