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Newaygo County, MI · Sold

MI-583132

7477 County Road 345

$39,900
$6,879/ac · 5.80 ac
Acreage5.80 ac
Price per acre$6,879/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 2, 2026
Coordinates43.4854, -85.7482
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

430 ft of deeded road frontage.

Power113 ft away

Power at or near the road.

Buildable area4.57 of 5.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,461
$20,329$28,593 · $4,217/ac on 5.80 ac
Asking vs estimate
+63.1%
Priced above 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 $39,900
Maximum allowable offer
$13,978
$2,410/ac · +30.0% target margin

You need $25,922 off asking to hit this margin.

All-in cost$15,166
Net resale$22,504
Projected profit$7,338
ROI+48.4%
Annualized+69.2%
Break-even resale$2,842/ac
Profit if resale lands off target
-20%
$2,837
-10%
$5,088
0%
$7,338
+10%
$9,589
+20%
$11,839
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-253344
Gravel · Power at road
6.8May 21, 2026$33,7004,9784,3601.2 mi
90
MI-942911
Landlocked · Full utilities
4.9Dec 25, 2025$25,4005,1495,4387.6 mi
76
MI-521632
Dirt · Power at road
2.0May 15, 2025$7,3003,7413,7986.2 mi
70
MI-663626
Gravel · Full utilities
8.3Jul 31, 2024$40,4004,8723,81012.9 mi
63
MI-624530
Landlocked · Full utilities
16.0Oct 4, 2024$44,2002,7703,3546.7 mi
59
Show adjustment detail for the top comp
  • Tract size (6.76 ac → 5.8 ac)+0.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (3 mo)+1.0%

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.