Newaygo County, MI · Sold

MI-699111

3697 County Road 332

$683,900

$1,550/ac · 441 ac

Offer report Market this tract

Acreage441 ac

Price per acre$1,550/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedApr 13, 2024

Coordinates43.6168, -85.8741

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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

Low risk

Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,742 ft of deeded road frontage.

Power13,508 ft away

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

Buildable area345.75 of 441.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$892,525

$713,857 – $1,071,193 · $2,023/ac on 441 ac

Asking vs estimate

-23.4%

Priced below 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 $683,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$510,014

$1,156/ac · +30.0% target margin

You need $173,886 off asking to hit this margin.

All-in cost$553,365

Net resale$821,123

Projected profit$267,758

ROI+48.4%

Annualized+69.3%

Break-even resale$1,363/ac

Profit if resale lands off target

-20%

$103,533

-10%

$185,646

$267,758

+10%

$349,870

+20%

$431,983

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-718618 Paved · Off grid	308.7	Jul 27, 2026	$697,800	2,261	1,486	8.4 mi	79
MI-859629 Paved · Power at road	642.0	Jul 27, 2026	$2,108,900	3,285	2,285	5.5 mi	79
MI-598285 Dirt · Off grid	242.5	Jul 27, 2026	$689,100	2,842	2,390	9.3 mi	78
MI-657908 Landlocked · Off grid	184.6	Jul 27, 2026	$306,900	1,663	1,639	5.9 mi	74
MI-219608 Gravel · Full utilities	632.3	Jan 30, 2026	$2,092,500	3,309	2,261	10.9 mi	72
MI-838627 Dirt · Off grid	310.7	Jan 21, 2024	$853,400	2,747	2,743	5.0 mi	71
MI-488021 Paved · Off grid	200.3	Jan 18, 2026	$492,300	2,458	1,459	7.3 mi	70
MI-978140 Landlocked · Power at road	218.3	Aug 13, 2024	$454,200	2,080	1,976	4.8 mi	67
MI-159659 Gravel · Off grid	656.1	Jun 2, 2024	$1,129,300	1,721	1,824	10.9 mi	65
MI-637454 Gravel · Power at road	132.8	Oct 14, 2024	$516,400	3,888	2,179	2.5 mi	59

Show adjustment detail for the top comp

Tract size (308.66 ac → 441.15 ac)-10.0%
Access (Paved → Dirt)-27.1%

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.

Build the listing kit Post a deal or JV