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Montcalm County, MI · Sold

MI-304806

8133 County Road 289

$117,400
$6,017/ac · 19.51 ac
Acreage19.51 ac
Price per acre$6,017/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedSep 7, 2024
Coordinates43.2591, -85.2126
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

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

View Montcalm market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands42.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.1%

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.

Power3,498 ft away

Service extension needed; get a utility quote.

Buildable area10.58 of 19.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$148,004
$118,720$177,288 · $7,586/ac on 19.51 ac
Asking vs estimate
-20.7%
Priced below the comp set

Weighted from 6 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 $117,400
Maximum allowable offer
$84,574
$4,335/ac · +30.0% target margin

You need $32,826 off asking to hit this margin.

All-in cost$91,763
Net resale$136,164
Projected profit$44,401
ROI+48.4%
Annualized+69.2%
Break-even resale$5,112/ac
Profit if resale lands off target
-20%
$17,168
-10%
$30,785
0%
$44,401
+10%
$58,017
+20%
$71,634
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-196007
Gravel · Power at road
46.6Jul 27, 2026$299,7006,4376,3052.7 mi
77
MI-135653
Gravel · Power at road
36.0Jul 27, 2026$217,2006,0275,6308.7 mi
76
MI-234626
Gravel · Off grid
17.1Mar 21, 2024$154,0008,9959,7488.3 mi
73
MI-963840
Gravel · Power at road
9.7Jun 17, 2026$85,1008,7786,99911.3 mi
72
MI-225381
Gravel · Full utilities
29.6Apr 2, 2024$332,30011,2309,1299.4 mi
71
MI-316268
Dirt · Power at road
56.3Jul 4, 2024$350,1006,2238,0006.6 mi
58
Show adjustment detail for the top comp
  • Tract size (46.56 ac → 19.51 ac)+15.0%
  • Utilities (Power at road → Off grid)-15.0%

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.