MI-624530
7272 County Road 12
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Newaygo County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Newaygo market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $7,289 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-583132 Dirt · Power at road | 5.8 | Jul 27, 2026 | $36,200 | 6,240 | 5,568 | 6.7 mi | 70 |
| MI-305205 Landlocked · Off grid | 26.0 | Mar 16, 2025 | $77,300 | 2,968 | 4,810 | 5.0 mi | 70 |
| MI-253344 Gravel · Power at road | 6.8 | May 21, 2026 | $33,700 | 4,978 | 3,883 | 7.4 mi | 69 |
| MI-942911 Landlocked · Full utilities | 4.9 | Dec 25, 2025 | $25,400 | 5,149 | 4,843 | 4.4 mi | 69 |
| MI-936181 Gravel · Off grid | 52.8 | Jul 27, 2026 | $193,500 | 3,664 | 4,327 | 5.5 mi | 69 |
| MI-625576 Gravel · Full utilities | 34.1 | Nov 12, 2024 | $181,100 | 5,314 | 4,316 | 5.5 mi | 65 |
| MI-663626 Gravel · Full utilities | 8.3 | Jul 31, 2024 | $40,400 | 4,872 | 3,393 | 6.6 mi | 64 |
| MI-955393 Gravel · Full utilities | 29.8 | Mar 15, 2024 | $203,400 | 6,817 | 5,556 | 5.7 mi | 64 |
Show adjustment detail for the top comp
- Tract size (5.8 ac → 15.97 ac)-7.7%
- Access (Dirt → Landlocked)-20.9%
- Utilities (Power at road → Full utilities)+22.0%
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.