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Comparable sales & offer analysis

Parcel MI-968097

Allegan County, MI · 212 ac · Residential · Dirt · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$824,800
Adjusted value
$574,515
Value range
$526,903–$622,127
Comp $/acre
$2,715/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +43.6% versus the adjusted value.

Offer position

Max allowable offer
$328,294
Offer $/acre
$1,551/ac
Projected profit
$172,355
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-167930187.5Jul 27, 2026$694,4003,7033,08682
MI-428453273.9Jul 27, 2026$1,201,6004,3872,40379
MI-467370125.0Jul 27, 2026$374,4002,9962,80076
MI-54639261.5Jul 27, 2026$211,9003,4432,53074
MI-859353525.7May 16, 2026$1,465,8002,7882,68170
MI-139507587.7May 18, 2025$1,571,3002,6742,77762
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.