Newaygo County, MI · Sold

MI-777208

8950 County Road 6

$392,500

$3,532/ac · 111 ac

Offer report Market this tract

Acreage111 ac

Price per acre$3,532/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedMay 3, 2026

Coordinates43.5127, -85.8731

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power106 ft away

Power at or near the road.

Buildable area96.61 of 111.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$428,670

$346,281 – $511,059 · $3,857/ac on 111 ac

Asking vs estimate

-8.4%

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 $392,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$244,954

$2,204/ac · +30.0% target margin

You need $147,546 off asking to hit this margin.

All-in cost$265,775

Net resale$394,377

Projected profit$128,602

ROI+48.4%

Annualized+69.3%

Break-even resale$2,599/ac

Profit if resale lands off target

-20%

$49,726

-10%

$89,164

$128,602

+10%

$168,039

+20%

$207,477

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-637454 Gravel · Power at road	132.8	Oct 14, 2024	$516,400	3,888	4,384	9.4 mi	78
MI-657908 Landlocked · Off grid	184.6	Jul 27, 2026	$306,900	1,663	3,297	4.3 mi	78
MI-746909 Landlocked · Power at road	89.5	Jul 18, 2024	$220,800	2,467	3,740	5.5 mi	76
MI-936181 Gravel · Off grid	52.8	Jul 27, 2026	$193,500	3,664	3,642	8.9 mi	74
MI-718618 Paved · Off grid	308.7	Jul 27, 2026	$697,800	2,261	2,989	9.5 mi	73
MI-598285 Dirt · Off grid	242.5	Jul 27, 2026	$689,100	2,842	4,809	6.9 mi	72
MI-488021 Paved · Off grid	200.3	Jan 18, 2026	$492,300	2,458	2,935	8.0 mi	69
MI-978140 Landlocked · Power at road	218.3	Aug 13, 2024	$454,200	2,080	3,975	3.1 mi	67
MI-625576 Gravel · Full utilities	34.1	Nov 12, 2024	$181,100	5,314	3,633	6.5 mi	60
MI-838627 Dirt · Off grid	310.7	Jan 21, 2024	$853,400	2,747	5,519	8.4 mi	55

Show adjustment detail for the top comp

Tract size (132.82 ac → 111.14 ac)+4.7%
Market time (22 mo)+7.7%

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.

Build the listing kit Post a deal or JV