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Montcalm County, MI · Sold

MI-316268

7393 County Road 120

$373,600
$6,642/ac · 56.25 ac
Acreage56.25 ac
Price per acre$6,642/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 6, 2024
Coordinates43.3545, -85.1977
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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

Montcalm County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Montcalm market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands30.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,310 ft of deeded road frontage.

Power77 ft away

Power at or near the road.

Buildable area37.19 of 56.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$348,164
$270,699$425,629 · $6,190/ac on 56.25 ac
Asking vs estimate
+7.3%
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 $373,600
Maximum allowable offer
$198,951
$3,537/ac · +30.0% target margin

You need $174,649 off asking to hit this margin.

All-in cost$215,862
Net resale$320,311
Projected profit$104,449
ROI+48.4%
Annualized+69.2%
Break-even resale$4,171/ac
Profit if resale lands off target
-20%
$40,387
-10%
$72,418
0%
$104,449
+10%
$136,480
+20%
$168,511
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-196007
Gravel · Power at road
46.6Jul 27, 2026$299,7006,4375,3416.4 mi
84
MI-135653
Gravel · Power at road
36.0Jul 27, 2026$217,2006,0274,7697.2 mi
83
MI-917161
Dirt · Off grid
107.4Nov 2, 2025$460,3004,2856,0444.7 mi
72
MI-917304
Landlocked · Off grid
119.2Jul 18, 2025$351,4002,9495,4657.7 mi
69
MI-567778
Gravel · Power at road
168.0Jul 13, 2026$714,9004,2564,7949.5 mi
69
MI-907015
Gravel · Off grid
96.6Jan 24, 2025$565,7005,8547,1356.6 mi
65
MI-757645
Dirt · Off grid
152.5Dec 1, 2024$813,9005,3368,5512.4 mi
65
MI-225381
Gravel · Full utilities
29.6Apr 2, 2024$332,30011,2307,7333.1 mi
64
MI-304806
Gravel · Off grid
19.5Apr 14, 2025$107,1005,4884,9106.6 mi
61
MI-234626
Gravel · Off grid
17.1Mar 21, 2024$154,0008,9958,2578.9 mi
54
Show adjustment detail for the top comp
  • Tract size (46.56 ac → 56.25 ac)-3.7%
  • 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.