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Newaygo County, MI · Sold

MI-598285

1087 County Road 57

$641,600
$2,646/ac · 243 ac
Acreage243 ac
Price per acre$2,646/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 9, 2026
Coordinates43.5269, -85.7361
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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

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

View Newaygo market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands21.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,878 ft of deeded road frontage.

Power13,732 ft away

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

Buildable area179.92 of 242.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$551,000
$439,267$662,733 · $2,272/ac on 243 ac
Asking vs estimate
+16.4%
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 $641,600
Maximum allowable offer
$314,857
$1,298/ac · +30.0% target margin

You need $326,743 off asking to hit this margin.

All-in cost$341,620
Net resale$506,920
Projected profit$165,300
ROI+48.4%
Annualized+69.2%
Break-even resale$1,531/ac
Profit if resale lands off target
-20%
$63,916
-10%
$114,608
0%
$165,300
+10%
$215,992
+20%
$266,684
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-488021
Paved · Off grid
200.3Jan 18, 2026$492,3002,4581,7383.4 mi
85
MI-718618
Paved · Off grid
308.7Jul 27, 2026$697,8002,2611,7704.1 mi
84
MI-657908
Landlocked · Off grid
184.6Jul 27, 2026$306,9001,6631,9523.7 mi
84
MI-777208
Gravel · Power at road
111.1Jul 27, 2026$418,4003,7652,2346.9 mi
72
MI-838627
Dirt · Off grid
310.7Jan 21, 2024$853,4002,7473,2696.1 mi
72
MI-978140
Landlocked · Power at road
218.3Aug 13, 2024$454,2002,0802,3545.6 mi
72
MI-859629
Paved · Power at road
642.0Jul 27, 2026$2,108,9003,2852,7224.7 mi
71
MI-219608
Gravel · Full utilities
632.3Jan 30, 2026$2,092,5003,3092,6942.5 mi
69
MI-699111
Dirt · Off grid
441.1Jan 1, 2025$709,2001,6082,0469.3 mi
67
MI-159659
Gravel · Off grid
656.1Jun 2, 2024$1,129,3001,7212,1733.1 mi
62
Show adjustment detail for the top comp
  • Tract size (200.29 ac → 242.5 ac)-5.2%
  • Access (Paved → Dirt)-27.1%
  • Market time (7 mo)+2.4%

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.