MI-718618
5886 County Road 64
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Newaygo County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Newaygo market data →Step 1 · Is this a deal?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $230,589 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-598285 Dirt · Off grid | 242.5 | Jul 27, 2026 | $689,100 | 2,842 | 3,645 | 4.1 mi | 84 |
| MI-488021 Paved · Off grid | 200.3 | Jan 18, 2026 | $492,300 | 2,458 | 2,225 | 1.5 mi | 81 |
| MI-657908 Landlocked · Off grid | 184.6 | Jul 27, 2026 | $306,900 | 1,663 | 2,499 | 5.2 mi | 79 |
| MI-859629 Paved · Power at road | 642.0 | Jul 27, 2026 | $2,108,900 | 3,285 | 3,484 | 6.4 mi | 76 |
| MI-838627 Dirt · Off grid | 310.7 | Jan 21, 2024 | $853,400 | 2,747 | 4,184 | 3.6 mi | 75 |
| MI-777208 Gravel · Power at road | 111.1 | Jul 27, 2026 | $418,400 | 3,765 | 2,860 | 9.5 mi | 73 |
| MI-159659 Gravel · Off grid | 656.1 | Jun 2, 2024 | $1,129,300 | 1,721 | 2,781 | 3.1 mi | 69 |
| MI-219608 Gravel · Full utilities | 632.3 | Jan 30, 2026 | $2,092,500 | 3,309 | 3,448 | 6.6 mi | 69 |
| MI-699111 Dirt · Off grid | 441.1 | Jan 1, 2025 | $709,200 | 1,608 | 2,618 | 8.4 mi | 69 |
| MI-978140 Landlocked · Power at road | 218.3 | Aug 13, 2024 | $454,200 | 2,080 | 3,013 | 6.9 mi | 67 |
Show adjustment detail for the top comp
- Tract size (242.5 ac → 308.66 ac)-6.7%
- Access (Dirt → Paved)+37.2%
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.