Newaygo County, MI · Sold

MI-159659

4304 County Road 114

$1,278,900

$1,949/ac · 656 ac

Offer report Market this tract

Acreage656 ac

Price per acre$1,949/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedSep 18, 2023

Coordinates43.5450, -85.6797

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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

Low risk

Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,747 ft of deeded road frontage.

Power2,630 ft away

Service extension needed; get a utility quote.

Buildable area518.61 of 656.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,378,448

$1,091,051 – $1,665,844 · $2,101/ac on 656 ac

Asking vs estimate

-7.2%

Priced below the comp set

Weighted from 8 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 $1,278,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$787,684

$1,200/ac · +30.0% target margin

You need $491,216 off asking to hit this margin.

All-in cost$854,637

Net resale$1,268,172

Projected profit$413,535

ROI+48.4%

Annualized+69.2%

Break-even resale$1,416/ac

Profit if resale lands off target

-20%

$159,900

-10%

$286,717

$413,535

+10%

$540,352

+20%

$667,169

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MI-859629 Paved · Power at road	642.0	Jul 27, 2026	$2,108,900	3,285	2,356	7.4 mi	84
MI-219608 Gravel · Full utilities	632.3	Jan 30, 2026	$2,092,500	3,309	2,331	4.9 mi	84
MI-718618 Paved · Off grid	308.7	Jul 27, 2026	$697,800	2,261	1,532	3.1 mi	82
MI-598285 Dirt · Off grid	242.5	Jul 27, 2026	$689,100	2,842	2,464	3.1 mi	74
MI-488021 Paved · Off grid	200.3	Jan 18, 2026	$492,300	2,458	1,504	3.7 mi	68
MI-699111 Dirt · Off grid	441.1	Jan 1, 2025	$709,200	1,608	1,770	10.9 mi	67
MI-838627 Dirt · Off grid	310.7	Jan 21, 2024	$853,400	2,747	2,828	6.6 mi	62
MI-978140 Landlocked · Power at road	218.3	Aug 13, 2024	$454,200	2,080	2,037	8.2 mi	56

Show adjustment detail for the top comp

Tract size (642.03 ac → 656.14 ac)-0.7%
Access (Paved → Gravel)-15.3%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV