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Montcalm County, MI · Sold

MI-118215

5539 County Road 161

$1,071,000
$4,646/ac · 231 ac
Acreage231 ac
Price per acre$4,646/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 14, 2025
Coordinates43.2772, -85.0762
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,564 ft of deeded road frontage.

Power94 ft away

Power at or near the road.

Buildable area204.97 of 230.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,003,929
$798,682$1,209,176 · $4,355/ac on 231 ac
Asking vs estimate
+6.7%
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 $1,071,000
Maximum allowable offer
$573,674
$2,489/ac · +30.0% target margin

You need $497,326 off asking to hit this margin.

All-in cost$622,436
Net resale$923,615
Projected profit$301,179
ROI+48.4%
Annualized+69.2%
Break-even resale$2,935/ac
Profit if resale lands off target
-20%
$116,456
-10%
$208,817
0%
$301,179
+10%
$393,540
+20%
$485,902
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-567778
Gravel · Power at road
168.0Jul 13, 2026$714,9004,2563,3652.2 mi
88
MI-198488
Paved · Off grid
280.9Jul 27, 2026$1,338,8004,7664,3345.0 mi
82
MI-628854
Gravel · Off grid
366.2May 1, 2026$948,0002,5893,0323.0 mi
77
MI-917161
Dirt · Off grid
107.4Nov 2, 2025$460,3004,2854,2434.6 mi
70
MI-908964
Gravel · Power at road
396.6Jan 4, 2025$1,543,5003,8924,1851.8 mi
70
MI-368819
Landlocked · Off grid
357.0Oct 2, 2024$889,0002,4904,5356.5 mi
70
MI-917304
Landlocked · Off grid
119.2Jul 18, 2025$351,4002,9493,8371.7 mi
69
MI-588656
Landlocked · Off grid
317.3Aug 12, 2024$848,4002,6744,7305.8 mi
68
MI-757645
Dirt · Off grid
152.5Dec 1, 2024$813,9005,3366,0039.7 mi
67
MI-769451
Dirt · Power at road
564.4Jul 3, 2024$2,310,9004,0955,8061.3 mi
67
Show adjustment detail for the top comp
  • Tract size (167.96 ac → 230.51 ac)-8.4%
  • Access (Gravel → Dirt)-14.0%
  • Market time (1 mo)+0.4%

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.