← New search
Newaygo County, MI · Sold

MI-420938

859 County Road 10

$5,100
$4,322/ac · 1.18 ac
Acreage1.18 ac
Price per acre$4,322/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJul 25, 2024
Coordinates43.5092, -85.7083
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
19
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

104 ft of deeded road frontage.

Power1,174 ft away

Service extension needed; get a utility quote.

Buildable area0.99 of 1.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,143
$4,205$6,082 · $4,359/ac on 1.18 ac
Asking vs estimate
-0.8%
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 $5,100
Maximum allowable offer
$2,939
$2,491/ac · +30.0% target margin

You need $2,161 off asking to hit this margin.

All-in cost$3,189
Net resale$4,732
Projected profit$1,543
ROI+48.4%
Annualized+69.3%
Break-even resale$2,937/ac
Profit if resale lands off target
-20%
$597
-10%
$1,070
0%
$1,543
+10%
$2,016
+20%
$2,490
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-651303
Gravel · Off grid
1.5Jul 27, 2026$8,0005,1744,4767.5 mi
81
MI-520712
Paved · Full utilities
1.0May 24, 2025$6,9006,8613,6572.2 mi
76
MI-521632
Dirt · Power at road
2.0May 15, 2025$7,3003,7413,3745.7 mi
75
MI-583132
Dirt · Power at road
5.8Jul 27, 2026$36,2006,2405,5562.6 mi
75
MI-942911
Landlocked · Full utilities
4.9Dec 25, 2025$25,4005,1494,8319.5 mi
59
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%

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.