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Newaygo County, MI · Sold

MI-746909

3556 County Road 344

$223,500
$2,497/ac · 89.50 ac
Acreage89.50 ac
Price per acre$2,497/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedJan 27, 2024
Coordinates43.5878, -85.8342
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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
55
Moderate risk
Wetlands31.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power101 ft away

Power at or near the road.

Buildable area58.58 of 89.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$246,169
$206,885$285,454 · $2,750/ac on 89.50 ac
Asking vs estimate
-9.2%
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 $223,500
Maximum allowable offer
$140,668
$1,572/ac · +30.0% target margin

You need $82,832 off asking to hit this margin.

All-in cost$152,625
Net resale$226,476
Projected profit$73,851
ROI+48.4%
Annualized+69.3%
Break-even resale$1,854/ac
Profit if resale lands off target
-20%
$28,556
-10%
$51,204
0%
$73,851
+10%
$96,499
+20%
$119,146
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-777208
Gravel · Power at road
111.1Jul 27, 2026$418,4003,7652,7065.5 mi
88
MI-657908
Landlocked · Off grid
184.6Jul 27, 2026$306,9001,6632,3643.1 mi
78
MI-936181
Gravel · Off grid
52.8Jul 27, 2026$193,5003,6642,6123.4 mi
78
MI-637454
Gravel · Power at road
132.8Oct 14, 2024$516,4003,8883,1444.2 mi
74
MI-718618
Paved · Off grid
308.7Jul 27, 2026$697,8002,2612,1446.1 mi
72
MI-598285
Dirt · Off grid
242.5Jul 27, 2026$689,1002,8423,4496.5 mi
71
MI-488021
Paved · Off grid
200.3Jan 18, 2026$492,3002,4582,1054.8 mi
69
MI-978140
Landlocked · Power at road
218.3Aug 13, 2024$454,2002,0802,8512.5 mi
66
MI-305205
Landlocked · Off grid
26.0Mar 16, 2025$77,3002,9682,9047.1 mi
65
MI-955393
Gravel · Full utilities
29.8Mar 15, 2024$203,4006,8173,3554.1 mi
62
Show adjustment detail for the top comp
  • Tract size (111.14 ac → 89.5 ac)+5.5%
  • Access (Gravel → Landlocked)-32.0%

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.