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Montcalm County, MI · Sold

MI-982692

5037 County Road 203

$45,800
$10,853/ac · 4.22 ac
Acreage4.22 ac
Price per acre$10,853/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedNov 23, 2025
Coordinates43.3088, -85.1933
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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands22.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

260 ft of deeded road frontage.

Power12,178 ft away

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

Buildable area3.10 of 4.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,355
$29,511$37,198 · $7,904/ac on 4.22 ac
Asking vs estimate
+37.3%
Priced above the comp set

Weighted from 8 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 $45,800
Maximum allowable offer
$19,060
$4,517/ac · +30.0% target margin

You need $26,740 off asking to hit this margin.

All-in cost$20,680
Net resale$30,686
Projected profit$10,006
ROI+48.4%
Annualized+69.2%
Break-even resale$5,327/ac
Profit if resale lands off target
-20%
$3,869
-10%
$6,938
0%
$10,006
+10%
$13,075
+20%
$16,144
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-802136
Gravel · Off grid
2.8Jun 4, 2026$25,2008,9208,8746.7 mi
85
MI-682002
Dirt · Full utilities
2.6Jul 27, 2026$27,90010,9018,7116.5 mi
81
MI-292559
Dirt · Off grid
3.8Jan 11, 2026$20,9005,4546,4765.8 mi
81
MI-921629
Landlocked · Full utilities
1.9Jul 6, 2026$16,1008,2328,2895.1 mi
73
MI-172243
Gravel · Off grid
3.0Nov 26, 2024$25,5008,3738,8785.7 mi
73
MI-963840
Gravel · Power at road
9.7Jun 17, 2026$85,1008,7787,8777.9 mi
73
MI-961318
Dirt · Off grid
1.6Jul 27, 2026$9,6006,1466,9797.8 mi
71
MI-552013
Dirt · Full utilities
2.6Mar 15, 2025$21,2008,2106,9386.4 mi
67
Show adjustment detail for the top comp
  • Tract size (2.82 ac → 4.22 ac)-1.3%
  • Market time (2 mo)+0.8%

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.