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Newaygo County, MI · Sold

MI-657908

9670 County Road 308

$350,300
$1,898/ac · 185 ac
Acreage185 ac
Price per acre$1,898/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedSep 6, 2025
Coordinates43.5483, -85.8029
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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
48
Moderate risk
Wetlands10.8% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power9,350 ft away

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

Buildable area156.39 of 184.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$381,992
$309,249$454,734 · $2,070/ac on 185 ac
Asking vs estimate
-8.3%
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 $350,300
Maximum allowable offer
$218,281
$1,183/ac · +30.0% target margin

You need $132,019 off asking to hit this margin.

All-in cost$236,835
Net resale$351,432
Projected profit$114,597
ROI+48.4%
Annualized+69.2%
Break-even resale$1,395/ac
Profit if resale lands off target
-20%
$44,311
-10%
$79,454
0%
$114,597
+10%
$149,741
+20%
$184,884
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-598285
Dirt · Off grid
242.5Jul 27, 2026$689,1002,8422,4313.7 mi
84
MI-488021
Paved · Off grid
200.3Jan 18, 2026$492,3002,4581,4843.7 mi
83
MI-718618
Paved · Off grid
308.7Jul 27, 2026$697,8002,2611,5115.2 mi
79
MI-777208
Gravel · Power at road
111.1Jul 27, 2026$418,4003,7651,9074.3 mi
78
MI-859629
Paved · Power at road
642.0Jul 27, 2026$2,108,9003,2852,3241.2 mi
76
MI-978140
Landlocked · Power at road
218.3Aug 13, 2024$454,2002,0802,0092.0 mi
76
MI-838627
Dirt · Off grid
310.7Jan 21, 2024$853,4002,7472,7904.5 mi
71
MI-936181
Gravel · Off grid
52.8Jul 27, 2026$193,5003,6641,8415.7 mi
70
MI-219608
Gravel · Full utilities
632.3Jan 30, 2026$2,092,5003,3092,3004.9 mi
69
MI-637454
Gravel · Power at road
132.8Oct 14, 2024$516,4003,8882,2167.3 mi
67
Show adjustment detail for the top comp
  • Tract size (242.5 ac → 184.55 ac)+8.0%
  • Access (Dirt → Landlocked)-20.9%

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.