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Newaygo County, MI · Sold

MI-253344

4487 County Road 212

$35,800
$5,296/ac · 6.76 ac
Acreage6.76 ac
Price per acre$5,296/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedSep 28, 2025
Coordinates43.4882, -85.7250
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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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

649 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area5.66 of 6.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,579
$27,580$45,578 · $5,411/ac on 6.76 ac
Asking vs estimate
-2.1%
In line with the comp set

Weighted from 5 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 $35,800
Maximum allowable offer
$20,902
$3,092/ac · +30.0% target margin

You need $14,898 off asking to hit this margin.

All-in cost$22,679
Net resale$33,653
Projected profit$10,974
ROI+48.4%
Annualized+69.3%
Break-even resale$3,647/ac
Profit if resale lands off target
-20%
$4,243
-10%
$7,609
0%
$10,974
+10%
$14,339
+20%
$17,704
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-583132
Dirt · Power at road
5.8Jul 27, 2026$36,2006,2407,2101.2 mi
92
MI-942911
Landlocked · Full utilities
4.9Dec 25, 2025$25,4005,1496,2708.7 mi
73
MI-663626
Gravel · Full utilities
8.3Jul 31, 2024$40,4004,8724,39313.3 mi
68
MI-521632
Dirt · Power at road
2.0May 15, 2025$7,3003,7414,3796.5 mi
65
MI-624530
Landlocked · Full utilities
16.0Oct 4, 2024$44,2002,7703,8677.4 mi
59
Show adjustment detail for the top comp
  • Tract size (5.8 ac → 6.76 ac)-0.8%
  • Access (Dirt → Gravel)+16.3%

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.