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Newaygo County, MI · Sold

MI-637454

9148 County Road 220

$479,500
$3,610/ac · 133 ac
Acreage133 ac
Price per acre$3,610/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedAug 9, 2024
Coordinates43.6477, -85.8496
Loading terrain…
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

1 item to verify before you offer.

Risk index
19
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power148 ft away

Power at or near the road.

Buildable area114.32 of 132.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$479,340
$386,945$571,735 · $3,609/ac on 133 ac
Asking vs estimate
+0.0%
In line with 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 $479,500
Maximum allowable offer
$273,908
$2,062/ac · +30.0% target margin

You need $205,592 off asking to hit this margin.

All-in cost$297,190
Net resale$440,993
Projected profit$143,802
ROI+48.4%
Annualized+69.3%
Break-even resale$2,432/ac
Profit if resale lands off target
-20%
$55,604
-10%
$99,703
0%
$143,802
+10%
$187,902
+20%
$232,001
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-777208
Gravel · Power at road
111.1Jul 27, 2026$418,4003,7653,6049.4 mi
90
MI-657908
Landlocked · Off grid
184.6Jul 27, 2026$306,9001,6633,1497.3 mi
78
MI-936181
Gravel · Off grid
52.8Jul 27, 2026$193,5003,6643,4802.7 mi
76
MI-718618
Paved · Off grid
308.7Jul 27, 2026$697,8002,2612,8568.2 mi
76
MI-746909
Landlocked · Power at road
89.5Jul 18, 2024$220,8002,4673,5734.2 mi
74
MI-598285
Dirt · Off grid
242.5Jul 27, 2026$689,1002,8424,59410.1 mi
73
MI-488021
Paved · Off grid
200.3Jan 18, 2026$492,3002,4582,8047.4 mi
72
MI-978140
Landlocked · Power at road
218.3Aug 13, 2024$454,2002,0803,7976.7 mi
67
MI-699111
Dirt · Off grid
441.1Jan 1, 2025$709,2001,6083,3002.5 mi
60
MI-838627
Dirt · Off grid
310.7Jan 21, 2024$853,4002,7475,2734.6 mi
59
Show adjustment detail for the top comp
  • Tract size (111.14 ac → 132.82 ac)-4.5%

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.