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Newaygo County, MI · Sold

MI-520712

7031 County Road 79

$6,800
$6,800/ac · 1.00 ac
Acreage1.00 ac
Price per acre$6,800/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJul 21, 2024
Coordinates43.5062, -85.7525
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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

134 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.84 of 1.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,552
$7,140$9,964 · $8,552/ac on 1.00 ac
Asking vs estimate
-20.5%
Priced below the comp set

Weighted from 7 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 $6,800
Maximum allowable offer
$4,887
$4,887/ac · +30.0% target margin

You need $1,913 off asking to hit this margin.

All-in cost$5,302
Net resale$7,868
Projected profit$2,565
ROI+48.4%
Annualized+69.2%
Break-even resale$5,763/ac
Profit if resale lands off target
-20%
$992
-10%
$1,779
0%
$2,565
+10%
$3,352
+20%
$4,139
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-651303
Gravel · Off grid
1.5Jul 27, 2026$8,0005,1748,8315.5 mi
83
MI-420938
Dirt · Off grid
1.2Jul 24, 2025$5,1004,3358,9342.2 mi
77
MI-583132
Dirt · Power at road
5.8Jul 27, 2026$36,2006,24010,9611.5 mi
68
MI-521632
Dirt · Power at road
2.0May 15, 2025$7,3003,7416,6574.8 mi
66
MI-253344
Gravel · Power at road
6.8May 21, 2026$33,7004,9787,6431.9 mi
64
MI-942911
Landlocked · Full utilities
4.9Dec 25, 2025$25,4005,1499,5327.2 mi
61
MI-663626
Gravel · Full utilities
8.3Jul 31, 2024$40,4004,8726,67911.5 mi
49
Show adjustment detail for the top comp
  • Tract size (1.54 ac → 1 ac)+0.6%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.